Farmers who want to make an investment in on-farm infrastructure should carefully plan how they intend to structure the ownership and funding of such projects.
Over recent decades, farming operations have moved away from sole trader and family member partnerships as the preferred operating structure.
Trusts and companies are now a common feature in many farming structures. In fact, many farmers are separating land ownership from farm operations entirely. They do this for many reasons, including asset protection, estate planning, tax efficiency and farm leasing models.
