Planing for succession is a very important part of managing a farming business and the process should be an ongoing topic for families. There are many questions that must be answered along the way, such as how to hand the farm on to the next generation so that families can continue to farm and build on what the parents have spent many years, possibly a lifetime, building.

Failure to plan for succession can cause significant business and family problems.

Failure to plan can lead to the sale of farming assets to settle estates and at worse, cause a breakdown in family relations.

You need expert and experienced advice.

Talk to Tierney Law