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asset protection

Catalogue: GRDC Updates
There comes a time when the family evolves, that the benefits provided by a partnership structure of individuals or assets held jointly or as tenants in common, begin to decline... The moral of the story is that you should ensure that the business is conducted in a structure separate and independent from yourself and that your assets are held in a structure(s) that provide control and ownership rights are held separately from you as an individual... Where land is held in people's own names or as joint tenants there are issues that need to be addressed if the family wishes to transfer land to the next generation...
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Catalogue: Ground Cover
Business planning also means life planning.. "Having your affairs in order can make a big difference by alleviating stress in a time when emotions are stretched," Mr Robertson says... Every adult needs to consider making an enduring power of attorney that enables financial decisions to be made during a temporary illness or permanent incapacity, Mr Robertson says...
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Catalogue: Ground Cover
Business planning also means life planning.. "Having your affairs in order can make a big difference by alleviating stress in a time when emotions are stretched," Mr Robertson says... Every adult needs to consider making an enduring power of attorney that enables financial decisions to be made during a temporary illness or permanent incapacity, Mr Robertson says...
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Catalogue: GRDC Media
The benefits of separating land assets from the operating farm business are outlined in a new Business Management Fact Sheet produced by the Grains Research and Development Corporation (GRDC)... The Fact Sheet points out that while grain-growing businesses are a combination of two key components - the operating business and the real estate (farm land) business - treating these two components separately provides effective and flexible operations for succession and retirement, investment and expansion pathways... The Fact Sheet provides information on measuring asset performance and details the benefits associated with asset separation, relating to succession and retirement, expansion of farm scale, asset protection, leveraging and third party investors...
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Catalogue: GRDC Publications
2013 GRDC Farm Business Update for Growers and Advisers - Launceston 77 Once we introduced this strategy to our clients not only did it save them tax initially we noticed another interesting phenomenon and this is demonstrated in the figure below... To encourage reflection, a program or timetable is required to ensure reflection takes place... (Please circle) YES/NO 2013 GRDC Farm Business Update for Growers and Advisers - Launceston 109 5 - Please indicate your degree of satisfaction with the presentations on a scale of 0 to 10 where 0 is totally unsatisfacto,r 5yis moderately satisfactory and 10 is totally satisfactory in regards to: a)How relevant the information presented is to you in working with your rural clients b) How easy it was to understand c)How useful it will be to you when workingwith your clients Easy to Relevance Usefulness Comment understand Local, National and global economic outlook and the potential impact for Tasmanian agriculture Saul Eslake ............................................... ............................................... .................................................
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Catalogue: GRDC Publications
2013 GRDC Farm Business Update for Growers and Advisers - Launceston 77 Once we introduced this strategy to our clients not only did it save them tax initially we noticed another interesting phenomenon and this is demonstrated in the figure below... To encourage reflection, a program or timetable is required to ensure reflection takes place... (Please circle) YES/NO 2013 GRDC Farm Business Update for Growers and Advisers - Launceston 109 5 - Please indicate your degree of satisfaction with the presentations on a scale of 0 to 10 where 0 is totally unsatisfacto,r 5yis moderately satisfactory and 10 is totally satisfactory in regards to: a)How relevant the information presented is to you in working with your rural clients b) How easy it was to understand c)How useful it will be to you when workingwith your clients Easy to Relevance Usefulness Comment understand Local, National and global economic outlook and the potential impact for Tasmanian agriculture Saul Eslake ............................................... ............................................... .................................................
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Catalogue: GRDC Publications
Overall, global recovery is expected to broaden over the medium term provided systemic risks continue to dissipate; new structural policies emerge; and financial conditions remain supportive and orderly... 2014 GRDC Farm Business Update for Growers and Advisers - Merredin WA 34 Over the last twenty years we have seen an over emphasis in relation to the science of agriculture... 2014 GRDC Farm Business Update for Growers and Advisers - Merredin WA 51 Once you have determined your requirements over the next 8-10 years you need to attribute an estimate of the likely cost of replacing this equipment...
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Catalogue: GRDC Factsheets
The benefits from separating the real estate (farm land) from the operating business relate to alternative options for farm scale expansion, succession and retirement... , land owners should apply rent to the land to get an ROC. Rent paid by an operating business to the real estate business can account for any opportunity capital cost... While land values have tended to increase steadily at an average of four to five per cent over the long term, operating profits from cropping farms have become more volatile underlying the need for the operating business to leverage the land as security...
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Catalogue: GRDC Factsheets
The benefits from separating the real estate (farm land) from the operating business relate to alternative options for farm scale expansion, succession and retirement... , land owners should apply rent to the land to get an ROC. Rent paid by an operating business to the real estate business can account for any opportunity capital cost... While land values have tended to increase steadily at an average of four to five per cent over the long term, operating profits from cropping farms have become more volatile underlying the need for the operating business to leverage the land as security...
Related categories:
Catalogue: GRDC Factsheets
The benefits from separating the real estate (farm land) from the operating business relate to alternative options for farm scale expansion, succession and retirement... , land owners should apply rent to the land to get an ROC. Rent paid by an operating business to the real estate business can account for any opportunity capital cost... While land values have tended to increase steadily at an average of four to five per cent over the long term, operating profits from cropping farms have become more volatile underlying the need for the operating business to leverage the land as security...
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