Did you know that Farm Management Grants are
now available to assist eligible primary producers
and their relatives offset the costs of professional
advice associated with succession planning
including the preparation of wills?
I’m John Gallagher from Argon Law and I
would like to tell you about the financial
assistance that might available to you and
your family, as a primary producer.
Rebates of up to 50% of the amount paid for
professional advice about estate planning are available.
This is to a maximum of $2,500 for each financial
year that the scheme continues.
This means that you, and each of your family
members, could obtain a maximum of $2,500
towards professional legal advice.
Succession and estate planning in a family farming business requires careful and deliberate planning.
Obtaining advice about wills, enduring powers
of attorney, superannuation death
benefit nominations and property transfers
are just some of the areas that could be covered
as part of your succession plan.
Now is a great time for primary producers
and their families to take advantage of the
Farm Management Grant and seek professional
advice about succession planning.
If you would like more information about Farm
Management Grants please visit our website
or give us a call.
