Fixed Cost Succession Planning
Any succession plan and the advice you need is unique to you, so we don’t believe in a one-size-fits-all legal solution. With this in mind Napthens’ Rural team has developed a unique, tailored service: FARM FUTURE from Napthens.
A fixed cost solution, giving you access to expert commercial and personal legal advice in a tailored package.
FARM FUTURE from Napthens gives you peace of mind from a succession plan covering you and your family, your farm, and your property interests.
With a long standing reputation of providing expert legal advice to the rural business and farming communities in the north-west, Napthens’ Rural team has an in-depth understanding of the issues facing those involved in the agricultural sector.
We understand the practical issues and challenges involved in running and developing a commercially successful farming business, owning and managing land, complying with regulations – and ultimately providing personal security and a successful future for the family.
As an NFU legal panel member for many years, Napthens advises the farming community on a range of specialist issues and we’ve seen first hand, how changes in traditional family partnership structures, combined with a changing economic and political climate, mean it is more important than ever for farmers and their families to have in place well structured succession plans.
Farming families need to plan, sometimes decades in advance, to allow for efficient and seamless farm succession.
No business – and no family – is the same.
Please click here to view the FARM FUTURE flyer.
NFU members receive 5% discount on any fees quoted for this succession planning package.
A member of our team will meet with you for a FREE review of your circumstances.
From this assessment we provide you with a fixed price quote for a farm succession plan package.
Costs are based on the complexity of your situation and tailored to your specific needs.
A clear price – no hidden costs.
A full audit of your property interests:
- Farm land
- Farm buildings
- Tenancies of land and dwellings
- Family residential dwellings
- Any applicable sporting rights
- Land Options
- Potential development sites and land diversification
- First Registration of any unregistered land
- Overages and Clawbacks
A detailed review of the structure of your family farming business:
- Contract reviews (tariffs, HP, milk)
- Employment law issues
- Supply chain matters
- Contractors: how to properly engage them
- Farming Partnerships
- Tax affairs and effective planning
- Potential eligibility for Business Property Relief and Agricultural Property Relief
- Third party review of insurances
Estate planning and family protection:
- Life-time gifts
- Pre-nuptials and post-nuptials
- Wills and family protection
- Wealth management