Succession planning and estate planning


Succession and estate planning

Pass on your life’s work with confidence, supported by succession and estate planning experts from RSM.

The Big Succession
Aged Care

Succession and estate planning


Successfully transitioning a business from one generation to the next is a challenge even at the best of times.

At the worst of times, it can create conflict that affects relationships within the family for years to come.

While it’s difficult to know where to start, RSM’s experienced advisers will work with you to develop a practical roadmap. We’ll then support you and your family in carrying it out, so you can retire knowing your legacy is protected.






We can also connect you with other RSM divisions to assist with tax minimisation strategies, retirement planning, and more.


We also help with a complete range of complex tax issues, as well as business growth and strategy, digital and cloud accounting, and more.




Succession planning can be hugely rewarding when it’s done right

Your first consultation is on us.



What we offer

The thought of exiting your business often brings up a lot of emotion – regardless of whether you’re passing it to a family member or new owner. It may feel like an enormous weight on your shoulders, which is made worse if there are complex family dynamics at play.

However, succession planning can be hugely rewarding when it’s done right. And the earlier you start, the greater the chance of a successful outcome.

You can rely on us for:

  • honest, objective advice
  • a practical succession plan
  • business restructuring
  • minimising any tax consequences, as appropriate
  • stakeholder engagement
  • support through the transition
  • estate planning and the dissemination of assets
RSM offers Safe Harbour strategies

Why now is the time to consider debt consolidation

29 November 2022
After enduring 6 consecutive interest rate hikes since May, and hearing analysts predict that they’re not over yet, it would seem the financial pressure on individuals and business owners is going to continue.

How company structures are beneficial to farming businesses

18 November 2022
In recent times the ATO has had companies under the microscope in terms of taxation affairs.

Is crypto the next payment option for businesses?

17 May 2022
As we inch ever-closer to a cashless society – tapping our cards, phones and even watches to pay for goods and services – the question on everybody’s lips is: how long until we see a digital currency in Australia?

Holding farmland inside an SMSF: Yay or nay?

21 April 2022
Holding farmland inside an SMSF has long been a favoured strategy across Australia. The ability to help fund your retirement by paying yourself a tax-deductible lease payment is very popular, as is the 15% tax rate inside an SMSF and the potential to minimise your assets for the $6 million small business assets test.

Why business owners need to get on top of leave balances after lockdowns

14 March 2022
With nowhere to go and nothing to do but work, accumulated leave balances have increased dramatically. With borders now open, it’s a great time to encourage staff to take some much-needed time out and use up some of their leave.

Episode 9: Entering into a relationship | talkBIG Podcast

10 March 2022
Join us as we talk prenups, postnups, your rights in a defacto relationship, and what to do in a separation to avoid spending money in court while protecting things like inheritances and determining who gets to keep the family pet! LISTEN NOW>

Succession Case Study: Brothers on Farms

22 November 2021
As Baby Boomers retire from the national economy, nowhere will their departure have more of an impact than in agribusiness. Farmers and graziers own 135,997 farms, covering 61% of Australia's landmass – 99% of these farms are Australian owned, and 99% of those are owned by family businesses.

thinkBIG - Succession Planning

1 August 2021
For most privately owned and family firms, succession means planning for the sale of your business or handing over control to other family members when you retire. In this report, we not only look at the details for a successful succession plan, but we also take a look at timelines for the best execution of a succession plan.

Succession plan in place – what needs to be done next?

21 June 2021
Farming families generally acknowledge that having a documented succession plan is a good idea.

Managing expectations in farm succession

14 June 2021
Farm succession can take on a different meaning for different people and managing expectations around succession is often tricky.

Farm Succession Planning - Four fundamental questions

21 April 2021
Farm succession planning is undeniably multifaceted. Not only do you need to consider the needs and wants of the older or retiring generation, but also the younger generation farmer and their siblings – who are probably not all farming, yet will all need to be brought to the table.

10 common questions when considering estate planning

22 March 2021
It is all too easy to delay your estate planning, as thinking about what happens to your estate after you pass away can be quite daunting. All too often, people fail to ensure their estate is properly taken care of, which can result in unnecessary stress for their loved ones.