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22 The Parks, Minehead,
Somerset, TA24 8BT
Minehead Solicitors

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Farming Estate Succession planning

Farming Estate Succession planning

Maitland Walker has an established reputation for assisting our farming clients with their estate succession planning.
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The process of passing on a farming business to the next generation can be complex.

How the farm is held, the structure of the associated business, whether there are children or other family members already involved in the business and how those no involved can be provided for in a way that does not undermine the continuity of the business are all likely to be important issues requiring careful consideration before any decisions are made about the best way to proceed. 

The associated tax position also need to be carefully assessed to help ensure that the strategies adopted maximise the availability of valuable tax reliefs.

Obtaining advice from professionals with specific knowledge of this field at an early stage is, therefore, important to help ensure that the correct steps are taken and that you are your family understand the implications of the decisions that are made. It also reduces the risk of misunderstandings or disputes later.

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  • "Thank you Mr Ashby for being so helpful. We are so pleased with the kind and prompt service and the sensitive way you helped us to understand and put in words what we wanted and needed"
  • Emily was very understanding, helpful, efficient and gave good advice. Professional, friendly outstanding service. Could not ask for more
    client
  • Anna was knowledgeable confident and courteous throughout
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Key contact
See how we can help
you. Contact James Ashby

Associate

James Ashby is an Associate solicitor with Maitland Walker. James has over twenty years experience of providing legal advice and assistance to wills, trusts and estate planning clients. James is a full member of the Society of Trust and Estate practitioners (STEP)
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