Commentary

64 Use of the agreement

AGRICULTURE vol 2(2)
| Commentary

64 Use of the agreement

| Commentary

3: FAMILY FARMING PARTNERSHIP AGREEMENT

64 Use of the agreement

The family farming partnership agreement1 is designed for use in a family context. A farmer will frequently wish one of his children to succeed as the working farmer but will not wish that one child to benefit from what may well be the farmer’s sole or major asset to the exclusion of his other children. Where the farmer has few, if any, assets outside the farming business, which he can use to make provision for the children who will not be working the farm, the monolithic nature of the farm as

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