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1994

Sociology

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Hanging On Or Handing Over : Proceedings Of A Succession Planning Seminar Held ... 28 July, 1994 At The Dalwallinu Recreation Centre ... 29 July 1994 At The Moora Recreation Centre., Department Of Agriculture And Food, Western Australia Jul 1994

Hanging On Or Handing Over : Proceedings Of A Succession Planning Seminar Held ... 28 July, 1994 At The Dalwallinu Recreation Centre ... 29 July 1994 At The Moora Recreation Centre., Department Of Agriculture And Food, Western Australia

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The two inevitables of life are death and taxes and never has there been a more direct application to these inevitables than the old Russian proverb-

"If you fail to plan, you are planning to fail."

In 1980 in the Shires of the West Midlands and Northern Wheatbelt there were 1,102 farm enterprises. By 1993, there were 853 farm enterprises - a decline of 23 % and one of the major factors causing this decline is the lack of effective estate planning. It confirms that a significant proportion of farm businesses do not have the resources to fund the retirement …