Ep. 13 Experts in the Field: The importance of succession planning for the farm
In this episode, our in-house experts consider the potential disputes arising in farming families following the death of a relative. They also discuss how succession issues can be avoided or minimised by early consideration and forward planning on inheritance matters at an early stage.
The Farms, Estates and Rural Land team at Foot Anstey bring you the next episode of the firm's popular podcast series which provides insights and practical advice on important issues for agriculture and rural business.
Episode 13 explores the potential disputes arising in farming families following the death of a relative. Our experts also discuss how succession issues can be avoided or minimised by early consideration and forward planning on inheritance matters at an early stage.
What's in this week's podcast?
The experts start by discussing the particular circumstances of farming families which can cause disputes to arise. Following this, they explore the complexity of partnership arrangements and trust disputes.
They then consider proprietary estoppel claims and fairness between beneficiaries, as well as various avoidance strategies such as family consultations to clarifying parties' expectations, making wills, partnership agreements and pre or post nuptial agreements.
Podcast speakers
Useful resources
- Podcast: Ep. 3: Planning for the next generation: a family lawyers' perspective
- Article: Succession planning for farming families – the impact of divorce | Foot Anstey
- Twitter: Foot Anstey - Farms, Estates and Rural Land team
- Website: UK Succession and Tax at Foot Anstey
Access all the previous episodes our podcast via our dedicated Experts in the Field podcast page.
Ep. 13: The importance of succession planning for the farm
