Navigating Succession Planning for Family Farms with Ashtons Legal

In this conversation, Laurie Hill and Jeanette Dennis from Ashtons Legal join Laura to discuss the complexities of succession planning for a family farm. They explore the family's concerns regarding tax implications, asset valuation, and the importance of having a clear legal structure in place. The discussion emphasises the need for open communication within the family, understanding roles and responsibilities, and the necessity of strategic planning to ensure a smooth transition of assets and wealth preservation for future generations.

This special farming mini-series is hosted by Laura Clayton, an assistant manager in the farms and rural business team, and in each episode Laura invites a different guest to share their expertise on various business topics affecting the farming and rural community. The series covers a range of subjects including tax, legal matters, succession, and inheritance, aiming to provide insights and tips to those living and working in agriculture.

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If you have any questions on today’s episode, email us at marketing@larking-gowen.co.uk.

You can get in touch with our presenters directly through the Our People section of our website, or visit our Farms and Rural Business page here.

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You can find more episodes from this series on our website here.

This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice. © Larking Gowen LLP