AGRIBUSINESS

With years of experience and some farming knowledge in our blood.

With years of experience in the regions, we’re well-equipped to understand the problems that you face as a rural, business or farming family. We can support you in all matters concerning your personal and business situation, with comprehensive legal advice that’s built on extensive legal backgrounds.

We recognise that every situation is different, so we seek to meet with you first to understand your situation and gain a comprehensive understanding of the type of advice you require. This allows us to better support you in achieving the outcome you’re looking for.

Get in touch with our team to book a meeting and learn how we can help your rural business thrive.

Farm succession planning

For farming families, succession planning is something that should not be left too late. If you don’t have strong plans in place for how the business will be managed after you’re gone, then you run the risk of your farming property being broken up. Or sometimes it can be your family that breaks up.

We help you put strong succession plans in place to manage the next steps in your life. From providing for the older generation’s retirement, to ownership of the business and the needs of off-farm family members which can all be set out in a binding Deed of Family Arrangement.

Discretionary trusts and unit trusts

The structure of your farming business is crucial to its success and survival. It’s important to choose the right structure up front, as changing them in the future can be costly and time-consuming.

Setting your business up as a trust is a robust way to ensure that everyone involved can receives benefits and income. The type of trust you choose all depends on what you want to achieve.

  • A discretionary trust empowers you to allocate income and capital in the way that you choose.
  • A unit trust ensures each unit holder receives the same fixed proportion of income.

 

We can work with you and your other professionals to determine the best structure for your farming family with.

Farm leases

There’s a lot involved in organising a farm lease and many different elements must be taken into consideration.

We can help you prepare the lease agreements, whether it’s a short lease, a long lease, sub-leasing or unique conditions, we ensure that you create clear, unequivocal terms to support it.

Contact our team to discuss you needs and how we can help you create an agreement that protects your asset and your interests.

Agreements

Farmers enter into agreements all the time. Some may be formal written agreements, others may be by handshake. The important thing is that you create a comprehensive agreement that suits your situation.

We understand your contractual needs. Whether it’s a farming partnership, organising share farming or introducing a share cropping arrangement, we can support you in creating an agreement that is binding, beneficial and a win-win for both sides.

We support you with:

  • Shareholder agreements
  • Partnership agreements
  • Share farming agreements
  • Share cropping agreements

Family farm duty exempt transfers

Transferring your family farm can feel like a big task. But there’s good news.

As long as it is still used predominantly for farming, the transfer of a farm property between family members may be exempt from any transfer duty. If a family-owned company owns the farm, the transfer of shares may be exempt from landholder duty.

As a farming family, this is vital information, as it plays a critical part in your succession planning.

Get in touch with our friendly team to discuss how we can help you smoothly, seamlessly and safely manage the transfer of your family farm.

LOCATIONS

West Perth
48 Outram Street West Perth WA 6005 T: (08) 9380 3600
Albany
Level 1, 184 Aberdeen Street Albany WA 6330 T: (08) 9841 5634
Merredin
By appointment
T: (08) 9380 3600
Esperance
By appointment
T: (08) 9380 3600

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