Farmers and owners of agribusinesses face unique wealth management opportunities and challenges. Having owned and operated several farm properties, understanding the challenges facing today’s farmers is essential when developing long-term planning strategies. Many Canadian farmers will reach the age of 65 in the next decade and will be considering retirement. Given the complexity of the issue and the time required for certain aspects of the plan to be realized, it essential to start the planning process early.
Developing the right agriculture wealth plan is a multi-dimensional planning process. It focuses on designing the right succession strategy, understanding the impacts of rollovers, capital gains, and probate strategies.
Our team is here to help. We will work with you to meet both your short-term and long- term goals, by coordinating with both your current professionals our team of experts.
- Planning for the tax efficient sale of the family farm
- Cash Flow Planning
- Planning for the tax efficient transfer of the family farm to the next generation
- Pre-retirement planning for the tax efficient sale of farm equipment, inventory and other assets
- Personal tax and estate planning
- Financial and retirement planning
