Mobbs and Marr

Succession planning grants for Queensland primary producers

Succession planning grants for Queensland primary producers

 The Queensland Government has recently announced the introduction of a new farm management grant which provides financial assistance to Queensland farming families wishing to review or update their succession planning arrangements.

The grant is available to Queensland primary producers (and their families) and can be used to fund professional fees incurred in relation to the family’s estate planning arrangements and related succession planning issues.

The grant will cover up to 50% of the professional fees incurred by the family, up to a maximum of $2,500 per year. In other words, the total spend in any year will need to be at least $5,000 to maximise the contribution from the Government. The availability of the grant will hopefully encourage more Queensland farming families to get their succession plans in order.

If you or your clients would like more information in relation to the farm management grant, please contact Jarrad Mobbs.

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Brisbane

Level 27 Santos Place 32 Turbot Street, Brisbane, QLD, 4000,

1300 001 665

PO Box 12903 Brisbane George Street, Qld 4003

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07 4417 4417

PO Box 2020 Townsville Qld 4810

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