Farm estate planning

Farm estate planning is essential for protecting agricultural assets and ensuring the smooth transfer of land, property, and business interests to the next generation.

Without a well-structured plan, farms can face legal complications, inheritance tax liabilities, and potential disputes, putting the future of the business at risk. Careful planning helps secure long-term sustainability while preserving the legacy of the farm for future generations.

A tailored farm estate plan considers key factors such as succession arrangements, tax efficiency, wills, trusts, and partnership agreements. Whether you are planning for retirement, expanding your farming business, or preparing for generational handover, expert legal advice ensures that your wishes are legally binding and your assets are structured in the most effective way. With the right legal support, you can safeguard your farm’s future while minimising financial and legal uncertainties.

What is farm estate planning?

Farm estate planning is the process of organising and managing the future of your agricultural assets. This involves planning for the transition of farm ownership, ensuring the next generation is prepared to take over operations, and making decisions that benefit both the land and the family. Farm estate planning includes addressing issues such as inheritance tax, land ownership transfer, and the creation of trusts or wills to protect the farm’s future.

Why is farm estate planning important?

Effective farm estate planning ensures the seamless transition of assets to future generations. Without proper planning, there can be disputes, tax burdens, and a lack of clarity over who will take over the farm operations. It also allows for more control over the estate’s future, ensuring that the land is managed according to the owner’s wishes and remains within the family if desired. A well-structured plan can also preserve the farm’s viability and protect the interests of all parties involved.

How we help with farm estate planning

Moore Barlow assists clients in creating comprehensive farm estate plans that protect the farm’s assets while minimising the financial impact of inheritance taxes. We guide clients through every stage of the process, from creating wills and trusts to advising on farm succession planning, farming family trusts, farm tax planning, property restructures, partnership agreement updates and corporate restructures. Our solicitors help ensure that each plan reflects your personal goals, whether it’s passing the farm onto children, establishing charitable gifts, or safeguarding family members’ interests.

We also assist in structuring tax-efficient solutions, particularly around agricultural land, and help with the formation of family partnerships or joint ventures to ensure the farm continues operating smoothly across generations. From navigating complex legal requirements to providing clear, actionable advice, we ensure your farm estate planning strategy aligns with both your vision and legal requirements.