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Succession

Planning is essential to ensure the smooth succession to a farm whether it is owned or tenanted.  Many farming businesses are family run conducted by Partnership or as a Limited Company.  For agricultural tenancies, detailed statutory rules exist and the door can be left open to taxation complications if succession to the family business is not managed properly.  Our rural land and business team have a thorough understanding of all of the issues involved and can give advice to ensure trouble free continuity to the family farming business.