Succession planning is an emotive subject for any business and no more so than for farming families whose livelihoods and lifestyles are often completely embedded in the business itself. Furthermore, farm and land based businesses tend to be asset rich and their division or not in the event of retirement or death is something that absolutely needs to be planned for, documented and preferably shared with all relevant parties prior to the plan's execution to enable business continuity.
The wealth of experience DDM Agriculture and JH Pickup & Co have in the matter of succession planning will help you to ensure that matters are sensitively and sensibly taken care of prior to retirement.
How can we help?
First and foremost we can talk generally with you about your plans for the future and provide some initial ideas. Our team of Agricultrural Valuers can then provide a valuation of all your assets and can work with your accountants to enable the formulation of a tax efficient strategy and solicitors in the preparation of a will. Secondly our team of qualified Chartered Surveyors can help to 'tie up loose ends' by reviewing or formulating formal tenancy documents, advising on AHA tenancy successions and helping with applications where possible. We can also help to identify development or diversification opportunities for the future and assist in any administration in relation to deed documentation, land registry issues, defining property and rights of way boundaries.
If you want any advice on succession planning or to arrange a meeting please do not hesitate to contact us.