Back
We continue to provide our legal services through the COVID-19 pandemic. Please visit our COVID-19 Hub for legal insights, or contact us directly.
Get in Touch Menu

Is the succession of your farm at risk!?

14 April 2015

Balancing your wishes and the expectations of the next generation can be emotional and sometimes extremely complicated.

Hopefully, you will have given due thought and consideration as to what is to happen to the farm either when you no longer wish to be involved or when you are no longer here.

If you have ever asked yourself these questions and one or more of them remain unanswered, then you would benefit from speaking to us;

  • How will the farm survive me?
  • How do I split my estate equally between my heirs?
  • Who do I leave the farm to?
  • Have I left enough for others?
  • How can I prevent arguments amongst them?

Whilst having a will is a starting point, it needs to be written very carefully and should be regularly reviewed.

Do not put the succession of your farm at risk. Contact our wills, probate & trusts team to put your will and other succession planning in order.

We're here to help
Resources to help

Related articles

Payback time: New OTS report could spark higher CGT liabilities for taxpayers

Wills, trusts & probate

What can be said about 2020? Terms such as pandemic, lockdown, social distancing and furlough became commonplace. We’ve all had to drastically change the way we live and work this…

Simon Cook LLB (Hons), TEP
Partner

Wills Act changes allow video witnessing : a much-needed update, or risky business?

Wills, trusts & probate

Changes to the Wills Act are set to allow video witnessing of wills in some circumstances. But while bringing the law up-to-date with today’s lifestyle is no bad thing, hastily-made…

Simon Cook LLB (Hons), TEP
Partner

Non-resident capital gains tax: what you need to know

Wills, trusts & probate

If you own property in the UK but do not live in the UK, you should make sure that you comply with non-resident capital gains tax (NRCGT) rules, including the…

Hannah Wall BA (Hons), MA
Senior associate, solicitor
Contact us