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Succession planning for farms and estates – when is it too early to start?
The future of a rural estate hinges on effective succession planning. In some cases, conflict can also arise between family members particularly where plans, wishes and aspirations are not aired and promises go undocumented.
In this webinar, the first in our ‘Future of Landed Estates’ series, our legal experts speak about how best to map out the succession plan for a rural business and what steps to take if things go wrong. Our panel of legal and rural experts cover:
- Safeguarding a family’s long-term investment in an estate
- Preparing for economic challenges
- Business plans and diversification opportunities including the inheritance tax implications
- Structures used in succession plans including Family Investment Companies, limited companies, partnerships and LLPs
- Wills, Will Trusts and lifetime trusts
- Legal challenges and disputes.
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