試す 金 - 無料
Why Estate Planning Is Essential To Minimising Family Strife
Farmer's Weekly
|May 21, 2021
When business-owning parents leave their children equal shares in the operation, a battle can erupt between those who work for the company and those who don’t. There are better ways to fairly distribute wealth to heirs, writes Trevor Dickinson.

Almost all parents, in their estate planning, say they want their assets to be divided equally among their children. This concept seems so obviously fair that it’s rarely challenged.
But is it really fair to give siblings equal shares in the family farm when one has worked hard for 20 years building the agribusiness while the others have had nothing to do with it?
Most people would agree that this is probably not fair. When parents think about their estate, they rapidly retreat to equality because this at least has the appearance of being fair. It might also seem like a simpler approach than creating a meaningful division of assets. However, there are many ways of fairly dispensing family wealth that don’t depend on the straightforward, ‘equal’ treatment of one’s heirs. When children are given equal shares in the family farm, a battle often ensues. In some cases, those who participate in the agribusiness end up with more in value than those who don’t. Where siblings are joint shareholders in a business, the dividend flow is controlled by those siblings in the management of the company. Those who don’t work for the family business often do not receive a fair share of the financial benefits.
このストーリーは、Farmer's Weekly の May 21, 2021 版からのものです。
Magzter GOLD を購読すると、厳選された何千ものプレミアム記事や、9,500 以上の雑誌や新聞にアクセスできます。
すでに購読者ですか? サインイン
Farmer's Weekly からのその他のストーリー

Farmer's Weekly
Driverless sprayers set for South African orchards
South Africa's fruit growers will soon see the country's first autonomous spraying technology in action when Orchard Agri launches the OSAM S500 PRO Autonomous Multi-Function Sprayer by LJ Tech in November.
1 mins
26 September - 3 October 2025
Farmer's Weekly
India's apple industry hit by floods
Recent floods in Jammu and Kashmir have caused major supply-chain disruptions, according to FreshPlaza.com.
1 min
26 September - 3 October 2025

Farmer's Weekly
Ghana races to protect banana crop from the threat of Fusarium wilt
Ghana has taken a crucial first step to protect its banana crop from the threat of Fusarium wilt tropical race 4 (TR4), according to an article by FreshPlaza.com.
1 min
26 September - 3 October 2025

Farmer's Weekly
Farming with friends: Marman's companion planting philosophy
Angelo Marman is a farmer with big dreams for himself and his community. He knows, however, that these dreams will only bear fruit with the help of the right companions, both in his vegetable beds and in his business ventures.
5 mins
26 September - 3 October 2025

Farmer's Weekly
Spring braai quartet
With spring well under way, now's the time to fire up the braai with these four super-tasty recipes that will have everyone coming back for seconds.
2 mins
26 September - 3 October 2025

Farmer's Weekly
Capsicum transplanting and aftercare
The seedlings should ideally be prepared for the conditions that they will experience in the land after transplantation
2 mins
26 September - 3 October 2025

Farmer's Weekly
Merinos: the cornerstone of South Africa's sheep industry
Grant Naudé, president of Merino South Africa, spoke to Octavia Avesca Spandiel about the Merino breed's adaptability, dual-purpose strengths and vital role in sustaining South Africa's wool and meat industries.
6 mins
26 September - 3 October 2025

Farmer's Weekly
Grain SA's research roadshow highlights farmer-led innovation
Grain SA’s 2025 Western Cape Research Roadshow connected farmers and researchers, sharing advances in plant breeding, pest control, climate tools, and economics to strengthen resilience and profitability in South Africa’s grain industry.
3 mins
26 September - 3 October 2025

Farmer's Weekly
Broccoli: winter crop in year-round rotation
Among the Brassica genus types, broccoli has been one of the popular choices for farmers in cooler climates.
4 mins
26 September - 3 October 2025

Farmer's Weekly
Hampshire Down: mutton sheep fast gaining in popularity
Hennie Jonker, an award-winning Hampshire Down stud breeder from Kroonstad, describes this sheep breed as a topmost mutton producer that provides sterling terminal sires for commercial and crossbred flocks. Annelie Coleman visited his Zorro stud to find out more about the breed.
4 mins
26 September - 3 October 2025
Translate
Change font size