Farming continuity planning
As part of our specialist services to agricultural clients, we offer a range of products designed to protect the future of farming businesses.
We understand that a farming business is often a joint endeavour of several generations of the same family. This arrangement has often existed for many years and continues to the benefit of future generations.
The impact that a lack of formal or complete future planning can have on a business can be devastating, for instance where a farming partner dies or loses capacity.
Whilst informal plans for the future will almost certainly be in place between farming partners, those arrangements will not always necessarily be recognised at law or, indeed, by family members outside of the farming business. That can lead to costly and bitter disputes which can threaten the future of the farming business.
With that in mind, Hugh James offers a range of products for clients in the agricultural sector designed to ensure that appropriate plans are put in place to secure a smooth transition to future members of a farming business, whenever that is necessary. These products can be purchased separately or, as a package, depending on your needs.