Wealth Planning

Rural Succession

Prepare the ground

Elston Private Wealth empowers your clients to develop and implement succession plans for a more certain future.

Sow the seeds early.

Rural succession planning is often a complex area for families to plan towards. The best family outcomes are where this is planned for early and discussed openly with all members involved. Some farmers experience ill health or consider this planning at the time they wish to retire however this is generally too late. A successful plan takes time to prepare and ensures the expectations, goals and objectives are considered for
all family members involved.

Areas commonly requiring a solution or a plan:

  • What will happen to your farm when
    you are gone?
  • Have you got a plan for a management and ownership transition that is agreeable to all family members?
  • Is the farm viable enough to support incoming family members?
  • Are you aware of the off-farm alternatives to ensure equalisation for those children not involved on the farm?
  • Have you set goals for the farming business, individuals and the family
    as a whole?
  • Do you know what funding arrangements are available to your children upon ownership transfer?
  • Are you aware of how much income
    you can live on and how long your capital is likely to last in your retirement?

How we help you

Working collaboratively with your existing accountant, lawyer or financier, Elston have a specialist team who can assist rural farming families with these complex succession planning issues and formulate a financial plan to help achieve your goals. We have a number of industry partnerships that enable us to provide a personalised, well-informed service.

To arrange a complimentary obligation-free meeting, please call 1300 ELSTON.


Insurance Advice

Insurance Advice

Insurance Advice

Elston’s specialist Advisers are experienced in providing expert advice on the often complex nature of insurance.

Insurance Advice
Personal Financial Advice

Personal Financial Advice

Personal Financial Advice

Elston’s experienced advisers understand that every financial situation is different.

Personal Financial Advice
Separation of Marital Assets

Separation of Marital Assets

Separation of Marital Assets

A divorce or separation can be a difficult time. Your Elston adviser is here to help.

Separation of Marital Assets
Philanthropy Financial Planning

Philanthropy Financial Planning

Philanthropy Financial Planning

Do you want to make a difference now and posthumously to those in need? Elston Advisers can help.

Philanthropy Financial Planning
Expat Advice

Expat Advice

Expat Advice

Working as an expat? Elston advisers can help you take advantage of the unique tax circumstances and rules that apply to expats.

Expat Advice
Succession Planning

Succession Planning

Succession Planning

Passing wealth and assets to your family, business partner or charity is unique to every individual.

Succession Planning
Medical Professionals

Medical Professionals

Medical Professionals

Elston Private Wealth empowers medical professionals to create a prosperous and secure future.

Medical Professionals

Contact Us