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

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.

Episode 5: Investment on your mind? | talkBIG Podcast

2 November 2021
Investment on your mind? The COVID-19 property boom and what’s next in the Australian market The last year has seen house prices rising at record rate, locking some buyers out of the market and providing fantastic opportunities for others. Julian Muldoon, Director, 1Group Property Advisory gives us a great run down on the property market and where opportunities and challenges exist. From low interest rates, booming coastal properties, impact of the Olympics and eventual return of immigration, Julian covers it all. If you are in a position to invest, there are plenty of opportunities!

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.

Succession Planning tips for farming families

11 September 2020
Succession planning for farming families can be quite daunting and there certainly are some horror stories on how it can spiral out of control. The flip side is succession planning can be a very rewarding process for all involved if tackled with goodwill and respect.

Pre-retirement planning checklist and superannuation

10 September 2020
Many people only start planning for retirement when they enter their 50s and other family commitments have begun to decrease.

Case Study: Untangling the financial web

28 July 2020
Understanding financial statements and their underlying supporting documents can feel like interpreting a foreign language, but they contain a wealth of important information for property settlements.