1998, Volume 1, Paper 6/1
ISSN: 2209-6612
Putting The Family Back Into The Family Farm
Paper 1 – of a series of 6 papers
Geoff Tually – Senior Lecturer, Institute of Land and Food Resources, The University of Melbourne
series of six (6) papers that outlines and discusses the farm family and their business, with the objective of providing ideas on widening opportunities for farm family members.
The ideas presented in this series have been discussed and explored during workshops/seminars on modern estate planning, with a range of farm family members. The family farm business will continue to be the mainstream of the agricultural produce sector of the Australian economy. However, there will be a changing focus, whereby the farm family will receive far more attention than it presently enjoys.
This paper looks at the following three (3) aspects:
- Relationship of the family farm to the farm family;
- Clarifying farm family goals;
- Determining farm family cash needs.
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