Protecting a farmer’s legacy after they die
At Denney King, as specialists in Estate Administration for farmers, we understand the unique challenges that can arise in the estate administration process for farmers and have the expertise to help you navigate this complex task. We understand the dynamics of farming families and the importance of succession planning for the next generation.
As specialists in agricultural law, we have extensive experience handling estate administration matters for farmers. We understand the dynamics of farming families and the importance of succession planning for the next generation. We can help you identify and evaluate the assets of the estate, including land, buildings, equipment, and livestock, and assist with the distribution of these assets to the heirs of the estate. We also have expertise in agricultural property and business property relief, which can help reduce the inheritance tax liability on certain farming and business assets. It is important to work with solicitors who understand these reliefs and can help you take advantage of them to minimise tax liabilities.
In addition to managing the assets of the estate, we can also help you address any partnership or tenancy issues arising for the estate. We can work with you and your other professional advisers such as your land agent and accountant to develop a plan to deal with these issues and help to protecting the assets of the farm for the benefit of the next generation.
If you are facing the task of administering the estate of a farmer, don’t hesitate to contact the experienced lawyers at Denney King. We can provide the guidance and support you need to navigate this complex process and ensure that the interests of the next generation are protected. Contact us today on 07803 366671 to talk to Becci or Sarah about how we can help you.