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Future planning under spotlight

PLANNING AHEAD: Clear Lake farmer Paul Jackman. Picture: DAVID FLETCHER

Helping farmers plan for the future will be the focus of succession-planning seminars at Goroke, Toolondo and Warracknabeal next week.
Margaret Willet from Dwyer and Willet Lawyers, a Victorian legal practice that specialises in farm-succession and estate-planning law, will be guest speaker at the September 8 and 9 seminars.
The seminars are free of charge and part of FarmPlan 21, a joint Department of Primary Industries and Wimmera Catchment Management Authority program.
A 2007 university survey involving the south-west Wimmera found 51 percent of properties were likely to change ownership between 2008 and 2018.
For the Wimmera plains in Warracknabeal district, the survey found 39 percent of properties were likely to change ownership in this time.
DPI grains farm planning officer Rob O’Shannessy said the seminars would provide farmers with an opportunity to talk to ‘like-minded’ people about the long-term future of their farms.
“Succession planning is a vital part of farming life, and we are pleased to be able to run free seminars where people can come together and hear professional advice which might help them pursue their own succession planning path,” he said.
“So many farmers give a lifetime of work and dedication to their farm – taking time and effort to make it economically and environmentally sustainable.
“But what many people don’t plan for is the longer-term future of that land, particularly if the farm does not remain in the family.
“There are many different ways you can ensure that your goals and aspirations to leave a lasting legacy for future generations can continue, and these seminars are a great way to get started.”
West Wimmera farmers Paul and Liz Jackman, in their 60s, are one of many farming families working land that has been in the family for several generations.
Their family-selected property ‘Jallumba’ is a big part of the couple’s life, who are in their mid-60s, and they’re investing time, energy and money into a long-term management plan for special parts of the property including a 68-hectare wetland.
Seminar dates and times are:
• Goroke Senior Citizens Clubrooms, September 8, 9.30am-12.30pm.
• Toolondo Recreation Hall, September 8, 2pm-5pm.
• Warracknabeal Town Hall supper room, September 9, 9.30am-12.30pm.
People keen to attend can RSVP Mr O’Shannessy by phoning 5362 2111.

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Posted on Aug 31 2011

Posted by on Aug 31 2011. Filed under Agriculture. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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