Richard Williams

Great succession planning is about farming families having a clear vision for the future, and a commitment from all family members to put in place a plan for implementing that vision. 

Unless the needs of the parents, the succeeding child(ren) and the non-succeeding child(ren) are catered for in your succession plan, problems will undoubtedly arise. 

Here at Billings Lawyers, we help our farming clients establish legal structures that ensure:

  •              Financial security for you on retirement;
  •              A smooth transfer of the business to the succeeding child;
  •              Fairness for the non-succeeding children.  

We can facilitate conversations between family members and help put in place legal structures that meet the objectives of all the parties.

If you get the right advisors involved at the outset, farm succession is a simple process.

Contact us for further information.