John Daly: Good communication key to future of family farm business
![John Daly: Good communication key to future of family farm business John Daly: Good communication key to future of family farm business](/cms_media/module_img/6994/3497038_11_articlesmall_Base_Farm_iStock-1340002658_1_.jpg)
Succession planning is a must for farming families in Ireland, over half of farm holders are 55 or older.
![Donal Whelton, head of agriculture, AIB, advises farmers to seek impartial advice when passing the baton of ownership. Donal Whelton, head of agriculture, AIB, advises farmers to seek impartial advice when passing the baton of ownership.](https://www.irishexaminer.com/cms_media/module_img/6987/3493711_15_articleinline_Base_DonalWhelon_AIB.jpg)
“Are there any other family obligations that need to be met — college payments or sites for houses that need to be agreed? The transfer of the farm business is a very personal decision and every family has a different set of circumstances which means good communication is key. Potential challenges can be avoided if plenty of time is invested in the planning process.” Communication It is good to talk about succession and create a positive culture in the family around it, as it can often be a very delicate subject for some farming families.