Andrew Andreyev chats with Tony Catt about family succession and conflict

In a recent episode of Pass the Baton, Andrew Andreyev spoke to Tony Catt about minimising the likelihood of family conflict in farming family succession planning and how legal advisors can play a pivotal role in ensuring the next generation of the family is set up for success in a controlled and responsible manner.

If you are a farming family advisor or you are personally thinking about how you can maintain harmony when the next generation of your family steps up to the plate, this episode is a must-listen for you.

You can listen to Andrew’s insights in this episode here.

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Want to know more?

For more information about the ins and outs of business succession, read our articles here and here.

For more information about specific issues that farming families need to consider when planning succession of the farm, read our articles here and here.

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​​Caveats are not security interests​

​​Caveats are not security interests​

You have loaned someone money in relation to a property, and in return the borrower has agreed to give you an interest in the property. You lodge a caveat, but you are worried about whether you are properly protected if the borrow does not repay you.

Caveats are a protective mechanism that play an important role in property law. However, a caveat is not a ‘security interest’ in the traditional sense, and it is important to consider whether a caveat is the appropriate tool to safeguard your interest.

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