Your succession plan
When it comes to passing on your farm to the next generation, do you have plans or just ideas?
Succession plans are something many farmers and business owners have thought about, but don’t seem to find the time to sort out. To plan for the future, and ensure your hard work continues to pay off for you and your family, now is the time to seek professional advice.
“An effective succession plan will ease worry now and avoid conflict in the future by helping navigate potentially difficult, emotional, financial, tax, legal and equality issues,” says Carrick Aland Partner David Johnston. “It should also alleviate some of the confusion in the event of an unexpected death, injury or illness, family dispute or breakup.”
Your unique succession plan is about creating an exit strategy which ensures you achieve what you want to achieve for your farming business, your family and retirement, when the time is right.
Carrick Aland knows that your goals for business and family are unique, and there is no one way approach to succession issues.
If you don’t have a succession plan in place and want a personalised approach, contact one of our small business experts for a free no obligation consultation and find out how Carrick Aland can help give you peace of mind.