Farm Succession Accountants

When it comes to Farm Succession, Mogg Osborne Accountants have a wealth of industry knowledge and experience. As our offices are located in a strong Primary production region this means our clients have come to rely on us for business and tax advice as well as planning for their future. To achieve the best possible outcome, it is crucial to have an accountant with many year's experience in the Primary Production industry and a strong understanding of its challenges. Mogg Osborne Accountants understand the industry and will act in your best interests. When deciding who to call to answer those tough questions about farm succession make us your first point of call.

Succession - Do you have an end game?

Have you;

  • Aligned expectations?
  • Reached consensus for the businesses’ future direction?
  • Agreed the value of the business?
  • Determined if your successor/s can afford to buy?
  • Documented roles, responsibilities and rewards?
As you can see there is a lot to consider if you want a smooth transition into business ownership or want to step back from the business and start transitioning.

Will your assets go where you want them to?

Talking about succession well ahead of retirement is probably the best thing you can do to avoid family conflicts and to make sure your family wealth ultimately ends up where you want it to. Read more.

Is your Will your farm succession plan?

According to recent research, less than 50% of farming enterprises have started to discuss succession, let alone prepared an effective plan. Read more.

Passing over the reins

Many farming families consider succession planning a complex issue, and it is for this reason that it is usually ignored until it’s too late. Read more.