Rural Succession Plan
When you own and operate a farm or other rural property, having the right succession plan is an important consideration.
While you may feel no one person may be suitable to oversee your property, there may come a time when you need to hand over the reins to another associate or family member. Not just in the event of your retirement, but also should you suffer serious illness, injury or worse, unexpected death.
In that case, who will look after your property?
Advised Life can assist rural property owners in structuring a succession plan (in conjunction with our legal advisers Andreyev Lawyers) that in the event of certain circumstances, your property can keep operating. A succession plan can assist a transition to occur in a timely and structured manner.
We can assist to offer creative solutions in defining and communicating your wishes into a structured plan ahead of time so that there are no surprises or unintended consequences down the road.
Your property is your livelihood. Make sure it continues to live on with a Rural Succession Plan.