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It’s never too late to start succession planning and seldom too early
Hallmark characteristics of a good family business have always been communication and planning. Inclusive, practical and non emotion driven discussions by the family around longer term planning is important for a successful business, whether a machinery dealership, or a broadacre grower. Undertaking a succession planning process in a formalised manner including all parties, some which are often forgotten, including spouses, children, lawyers, bankers and even consultants, has enormous benefits.
If you look at your own farming business – are you ready? If not, what plans are in place to get there? Start planning early and talk to a professional with the right attitude and skills, like us.
Interviews
Interviews with our Succession Specialists
Our Specialists
Meet Our Succession Specialists
Dear Hope Adverts
Dear Hope Adverts
Start Planning Now
Start Planning Now
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Resources
Resources
Super | Still worth it?
17 Mar 2022
Superannuation is an amazing tax concession. My tax specialisation is super, so call me biased, however I believe super is as good as, if not even better, than some of the primary production tax concessions available to our farmers.
The Early Stages of Succession Planning
02 Mar 2022
Succession planning has become much more personal and relationship-based than the traditional understanding of the transfer of assets.
G’day legends, this is another Beyond The Tax Return episode with Jared Ryan who knows a thing or two about planning.
Sacred Obligation
15 Dec 2021
I am often queried by clients “Who controls my SMSF if I die?” My answer is that you look to the rules of the SMSF, which are contained in the trust deed.
The "R" Word - What Does It Mean To You?
17 Nov 2021
What does retirement from the family farm mean to you?This is a question often shrouded in doubt, differing views, and one not always answered with the luxury of time for our older generation of WA farmers.
The Great Debate: Drawings or Wages
14 Oct 2021
SHOULD I pay our family farm member a wage or cash drawing? This was a popular question readers asked after reading Eamonn Lanagan’s Farm Weekly article “Pay up”.
G’day farmers and welcome to the inaugural harvest series for the Farms Advice Podcast. Here we will dive behind the scenes to see how Australia gets the crop off.
We look at succession planning and how you can start it today to make it easier for you in the long run.
Pay Up!
19 Aug 2021
The decision by today’s younger generation to come home to the farm is not straight forward.
Want Your Farming Business To Continue
18 Mar 2021
“G’day Brendan” says Scott the accountant to the second-generation farmer from Narembeen. “So Brendan, your father indicated you’re wanting to prepare a succession
Succession Planning – To some it’s a dirty word that conjures up feelings of fear and anxiety, for others it’s a conversation/process that can’t be talked about…
