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Farming contracts like Herd Owning (50/50) agreements, and Contract milking agreements need to be fully understood by the parties prior to execution. We can provide comment on the issues.
Has the use of trusts been explained and well thought out? There is a need to ensure that there are ample funds available for retiring farmers, especially given that we are living longer these days.
Setting rentals needs to include recent variations particularly if it involves a dairy farm.
The advantages and disadvantages explained. What is the exit strategy?
It is important that farm structures are well considered and the reasoning fair and equitable.
Farming disputes need to be handled by people with direct farming experience.
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