LawTalk Issue 798

Page 27

BR ANCH NEWS

Young Hawke’s Bay lawyers with the Chief Justice Dame Sian Elias at the recent bar dinner. They are (from left) back row: Sarah Beckett, Marla Alexander-Ward and Nicola Rawnsley; front row: Nicola Booth, Dame Sian and Bodee Oliver, who was admitted just three days ago, on 19 June.

Enjoying drinks at the Hawke’s Bay bar dinner, which proved highly successful.

CONTINUING YOUR PROFESSIONAL DEVELOPMENT Succession planning for rural practitioners – webinar Family farming has long been held as the cornerstone of the New Zealand agricultural system. However for this to continue, the farming business must be able to transfer its assets successfully from one generation to the next. This issue has become more pronounced with rising capital land values and unmatched increases in productive returns.

make that viable until the last couple of years but now it is so that is driving interest in the area,” he says. 135 people tuned in to the webinar and a number of questions cropped up dealing with conflicts of interest, valuation issues and relationship property. Feedback from the webinar was largely good, with participants stating that the practical nature of the session was positive, as were the case studies and calibre of presenters. LT

The Succession planning for rural practitioners webinar, held on 12 June, discussed how best to assist families to manage this process, and outlined the implications that the different ownership structures will place on the process and the parties involved. Presenter Tim Black says the webinar focused on the conceptual issues that you need to take into account when working through farm succession planning with clients such as equality versus equity and relationship property challenges for rural families. “It was about getting people involved and seeing it as a human issue. We have an ageing population of farmers, particularly sheep and beef farmers and there is an issue around getting the next generation into those businesses. The return from those businesses hasn’t been enough to

Fraser Goldsmith, formerly senior commercial partner and a former chairman of partners of Anderson Lloyd, celebrates a buoyant first year in sole practice with a move to expanded premises on the 5th and 6th Floors of Forsyth Barr House, The Octagon, Dunedin. Goldsmith Law provides strategic guidance on the commercial, legal and political management of complex commercial projects and entrenched disputes, focusing currently on the health sector, greenfields property developments and the dairy and wine industries.

www.goldsmithlaw.co.nz

LAWTALK 798 / 22 JUNE 2012

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LawTalk Issue 798 by New Zealand Law Society - Issuu