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Why the family farm has become a huge inheritance challenge

Why the family farm has become a huge inheritance challenge

Succession planning can be extremely difficult, but it doesn’t have to be if you start talking early and come up with a workable strategy.

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Brendan Cullen calls succession planning “kryptonite for farmers”.

“To put it bluntly, it’s crippling,” the Broken Hill and Menindee farmer tells The Australian Financial Review.

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Larry Schlesinger
ReporterLarry Schlesinger was a reporter at The Australian Financial Review.

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Original URL: https://www.afr.com/wealth/personal-finance/why-the-family-farm-has-become-a-huge-inheritance-challenge-20231122-p5elw9