Do something about passing on the farm before it is too late.
Here are 5 points on farm succession.
- Don’t involve an external lender ( eg bank) in your farm succession plan.
- There is nothing clever about handing down debt for your children to deal with.
- Add fire, flood, drought, price drop or illness and chances are they will lose the farm.
- GBAC ( Greg Bloomfield Agribusiness Consultants) can help your farm transfers without external debt and make both generations happy.
- GBAC takes the family friction out of succession plans, satisfies all parties.
Call Greg now to chat on 0428 417 496