Rural Services
Lightfoots LLP has for many years acted for a substantial number of farmer clients and landowners both locally and nationally.
John Ovens' areas of expertise include:
- Sale and purchase of farms
- Share farming agreements
- Inheritance tax planning for farmers both during lifetime and upon death
- Partnership agreements and dissolutions
Points of interest:
If you don't make a Will your spouse/partner will not automatically inherit. Under intestacy rules the estate will be apportioned, and this may be very inappropriate as those partly inheriting could have no interest or ability in continuing to farm or maintain your land.
Inheritance Tax can be costly but Agricultural Property Relief (APR) can help to significantly lower this cost. There are however many variables under APR and we advise that you seek advice in this area - John Ovens is expertly placed to give you that advice.
