by ADLV Law Team | 5- Get your finances in order (loans, leases and security), Uncategorized
If you’re a farmer who buys, sells, or borrows against livestock, machinery, or crops, you need to know about the Personal Property Securities Register (PPSR). Whether you’re selling livestock on account, leasing equipment, or buying second-hand machinery, the PPSR is a crucial tool to protect your rights — and to avoid nasty surprises down the track.
by Andreyev Lawyers | 1 - 313, 1 - Start, expand and raise capital for your enterprise, 6 - 288, 6 - Build and protect your wealth (including trusts), 8 - 264, 8 - Pass on your wealth (including EP)
A farm trust is a discretionary trust that is used to own land for primary production while also providing flexibility so the property can eventually be transferred to other family members. Asset protection, tax efficiencies, and ‘controlled succession planning’ are the key benefits of a farm trust.
by Andreyev Lawyers | 8 - 264, 8 - Pass on your wealth (including EP)
Succession for farming families doesn’t need to be a bun fight. You just need a plan.
