Succession Planning

Often what is of paramount importance to farming families is securing the farm business for the next generation. This involves careful consideration and planning with the focus on Wills, tax and estate planning. Sometimes, there is a desire to make lifetime transfers of business and property which involves us working in conjunction with other professionals such as accountants and land agents, to advise regarding the most effective and tax efficient way of achieving the desired end result.

With additional houses often being built on farmland, there can be potential inheritance tax implications. Never has it been so important to take specialist legal advice from Milwyn Jenkins & Jenkins.