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An amicable succession

Farmland succession is notoriously known as a thorny and troublesome process, with seemingly few remedies. Julie Butler offers a roadmap on how to pre-empt conflicts

20 August 2015

It's very likely that anyone with practical farming knowledge who reads the title of this article might have heard the simple expression, 'Good luck with that'.

Such a statement would be especially relevant when the professional adviser is tasked with encouraging farming clients to pay for quality legal documents, and to put a strategy in place to try to help to avoid future conflict within the farming family in light of recent cases.

The value of farmland has increased dramatically in recent years, development values are returning,
and the majority of farming businesses are run by a close family in partnership, which is often a melting pot of factors that could lead to future disputes.

Not all family members are necessarily involved in the partnership, and this can lead to jealousy and possibly undue influence over elderly memb...

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