Ep 9 “Giving away the farm”: The complexities of agricultural property settlements

Determining how assets should be divided between a separating couple is difficult enough, but even more so for those in agriculture, aquaculture, the wine industry and other primary industries. Business structures are often complex, climate and market factors have a significant impact, while many couples are often "asset rich yet cash poor” or reliant on their property as their sole source of income. For some, the family farm has been passed down through generations and it is not just the separating couple who has an interest in it. TGB family and divorce lawyers Melanie Tilmouth and Diana Dichiera talk about the challenges of agricultural property settlements, tips and traps, and what action can be taken to simplify the process. The Surviving Separation podcast is brought to you by TGB Lawyers, a leading Australian family law firm. For more information and to sign up for our newsletter, please visit: tgb.com.au/podcasts To arrange an appointment with a lawyer, please visit: tgb.com.au Please be aware that discussions on this podcast are general in nature, true at the time of recording and should not be considered legal advice. If you are facing a legal issue, seek advice from a lawyer specific to your circumstances. Hosted by Andrew Montesi.