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Roma Succession Planning session supported by NAB
June 14, 2018@8:30 am - 10:30 am
Invitation to Succession Planning session: A Guide to Sustaining Families and Farms
For many farming families, the idea of continuing their legacy into the next generation is one they are keen to embrace. If this is something you and your family are considering, it’s worth understanding the opportunities and challenges that surround this process.
Succession planning can create future confidence and certainty for everyone involved. Decisions made can help maintain family harmony, protect assets and have a long-lasting effect on your business and family, now and across future generations.
AgForce invites you to join Corporate Partners NAB, McCullough Robertson and FTI Consulting and special guests Next Rural for an interactive workshop, where speakers will tap into their depth of experience and specialist expertise to provide practical strategies and advice on the often, intricate aspects of business transitioning, including:
- The need for planning in today’s market – FTI Consulting will update attendees on the agricultural industry, its future direction and why the process of family planning has never been more important. Early planning can also improve access to liquidity and how that can be used in the transition process to the benefit of the family and business sustainability.
- The Transition Planning process – Specialised Farm Succession Services firm, Next Rural will address managing change and positively moving through business transition and generational succession.
- Legal considerations – Leading law firm, McCullough Robertson will update attendees on the array of legal considerations that are integral to effective succession planning, including family and business structures, shareholder agreements, minimising the risk of estate litigation and advice on potential distributions under trusts
Complimentary light breakfast served on arrival. RSVP essential as spaces are limited.