Protecting Generational Assets During Divorce

Denney King specialises in complex divorces, including those in which a family farm is the central asset. Mercedes King-Jones and the family team understand the unique challenges that farmers face when going through a divorce, especially when it comes to assets such as the family farm.

The family farm is usually an inherited asset which is not just a home but a way of life and an integral part of a farmer’s livelihood. The team at Denney King is experienced in advising on the complexities surrounding these assets. We are mindful that the family home is central to the farming business and we work closely with our clients, their accountants and land agents to protect the farm during and after the divorce.

We understand that the family farm is often passed down from generation to generation, and we work to ensure that this asset is protected for the family’s future. We consider the history of the farm and any previous decisions made for tax planning purposes. We are also aware that sometimes the decision makers are not always a party to the divorce proceedings, but may be a separate influential third party.

In addition to our specialist divorce team, we also work closely with our private client team to provide a well-rounded approach for our clients. This close collaboration allows us to address all the complex issues that arise during a farming divorce, including tax implications, inheritance, succession planning and protection of the family farm for future generations.

At Denney King, we are committed to providing our clients with the support and expertise they need to navigate the difficulties of farming divorce. Our specialist knowledge, combined with our compassionate and supportive approach, allows us to provide comprehensive and effective solutions for our clients. Contact us to learn more about how we can help you.