Recorded Webinar: Handing Over the Keys to the Tractor: Key Legal Imperatives in Rural Estate Planning

An important key to the continuation of family farming is the smooth succession by subsequent generations. This session discusses the options available to pass on the farm and how to minimise family discord, including.

• Transferring pre and post death - key considerations

• Considering the different ownership options in the context of succession planning

• What finance options are available - banks and internal family loans

• Managing expectations amongst siblings and dealing with city versus farming kids

• The use of family meetings and deed of family agreement to minimise disputes

• Key hotspots to consider:

  • who occupies the homestead?

  • location of key infrastructure

  • managing the cash needs of off-farm children

  • future-proofing the farm wealth