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Succession Planning

Helping future generations with the knowledge to make them a success

It's good to talk

With the average age of the UK farmer at 59, succession planning should be at the forefront of the discussion around the kitchen table, but in reality it’s a subject shrouded in taboo.

Succession planning is an essential part of running any family business, but in an industry of patriarchal tradition, the soft skills are not always at the top of the agenda. Effectively planning for the future allows farmers to protect their assets, safeguard the long-term finances of the business and ensure continuity not only to the supply chain but also for the  future generations of the family. Perhaps of primary importance, succession planning allows for financial support to those reliant upon the business for their livelihood.

Start early

Start early

Appropriate succession planning does not have to be about retirement. It should be undertaken earlier than this to put in place a long-term strategic plan for the business including goals, visions, plans and a road map to plot what success looks like.

For some, success is a lifestyle. For others, the goal is world domination and a helicopter on the back field! For many it’s a place somewhere in between. Adopting technology, mitigating risk and  building financially resilient business plans are all not only vital for the family farm, but are the backbone for the future of British farming and production.

Starting the conversation

Starting the conversation

There really is nothing better than starting all of these conversations early. If this is something that is on your mind, whatever your age or the size of your farming business, we are here to help. We have legal partners we can put you in touch with who can advise on wills and lasting powers of attorney and can support you through the difficult discussions to future proof your business. Above all, we are in this for the long term. We want to be able to support you and your family through the journey of your business, warts and all.

If you are the generation in control, or part of the future generation, it is never too late to get help and advice to start these discussions and we can provide, trusted contacts to support you to create a robust financial future for yourself and your family.

It’s all in the detail

We understand rural property and businesses, it’s our passion and we strive to support farmers and land owners to achieve their land and property goals.

Exceptional service, complete peace of mind. 

Our Rural Team

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