Practical succession planning for farming families, covering business structures, Wills, trusts, land and protecting the future of the farm.

Succession in farming is about much more than passing on land. It involves protecting the future of the family, the farming business and the assets that have often been built up over generations.

Join Myerson Solicitors (https://www.myerson.co.uk/sectors/agriculture), Afford Bond (https://www.affordbond.co.uk/) and Fazakerley Sharpe (https://www.fazakerleysharpe.co.uk/) for an in-person seminar bringing together legal, financial and land management perspectives on succession and long-term planning for farming families.

Our speakers will explore how farming businesses can prepare for change, from choosing the right business structure and considering diversification to planning for the transfer of management and ownership, protecting against unexpected events and putting appropriate Wills and estate planning arrangements in place.

Agenda

11:00 AM - 11:30 AM - Arrival, tea and coffee

11:30 AM - 12:30 PM - Presentations and Q&A

12:30 PM - 01:30 PM - Buffet lunch and networking

Why attend?

Afford Bond – Farming structures and diversification

Choosing between sole trader, partnership and limited company structures

How business structure can affect future plans

Diversification and developing new income streams

Myerson Solicitors – Business succession and contingency planning

Management and ownership succession

Planning for illness, loss of capacity and death

Shareholders' agreements, articles and cross-option arrangements

Partnership and limited liability partnership agreements

Myerson Solicitors – Wills, trusts and estate planning

Estate and succession planning for farming families

The importance and structure of an up-to-date Will

Using trusts to protect assets and plan for future generations

Fazakerley Sharpe – The land agent's role in succession

Planning early and bringing the family into the conversation

Balancing the future of the farm, family and business

Practical, independent guidance through rural succession

Who is this session for?

This seminar is particularly relevant to:

Farmers and farming families

Agricultural business owners

Landowners

Partners and shareholders in farming businesses

Those considering retirement or succession

The next generation preparing to take greater responsibility for a farming business

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