QUESTION: I am a farmer who lives in country New South Wales. I recently had an accident whilst driving my wheat header. Although I wasn’t hurt too badly, I certainly could have been. This has made me start to wonder what would happen to my farm if something happened to me.
I assume my brother, who [...]

Posted in Farm Estate Planning, Farm Succession Planning, Management Succession No Comments »

Comment: You have done articles on Key Person Insurance and Business Succession Planning. I am a country accountant and I can tell you that farming succession planning is the hardest.
The issue of my client’s family farm Succession is a sensitive one. Succession of the family farm means that dad is either dead or incapacitated. This [...]

Posted in Farm Succession Planning 1 Comment »