Morris Succession Lawyers have experience handling countless farm succession plans, including deeds of family arrangement and application for stamp duty exemptions using the intergenerational transfer provisions of the Duties Act (NSW).

​

The stamp duty exemptions for transfers of land (or shares in land rich companies) were extended to include trusts.

​

Intergenerational transfers are a great tool for those working in the farm succession space. Like any business succession plan, a team approach should be taken involving both accountants, lawyers and other trusted advisors and stakeholders.

​

There are also generous government grants available for succession advice for those eligible for the farm workers allowance. 

​