Chaired by Mike Holland, Agricultural Law Association
Succession planning is typically a very difficult subject for farming families to broach. This session draws on the experience of those who have done this and independent experts that are used to supporting businesses through this very important transition.
- Ally Hunter Blair, Herefs arable farmer, addresses the elephant in the room - succession planning, which is often the hardest conversation for young farmers to broach with their families. His story shows that it isn't always easy, but it is essential
- Becky Miles provides an independent perspective. She's a trained family farm facilitator in managing farm business change and succession.
- Jane Hill, Safferey Champness shows how to avoid the tax pitfalls. She navigates the issues around inheritance and capital gains tax which are important to get right in succession planning with legislation tightening up.
- David Fursdon provides a personal insight on attracting a 'young succession' from outside the family
BASIS POINTS AVAILABLE