Farm succession planning - Farmers Weekly

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Farm succession

Succession planning is one of the most important, yet one of the most neglected, issues facing farming families in the UK.

The average age of farmers is 59, and there are few opportunities for new entrants – yet many families shy away from tackling the question of who will take over the family farm.

Talking about succession can be difficult as it often involves sensitive and emotional subjects.

See the advice on how to get started with the conversation, read the latest information on succession and start planning your farm’s future.

 

First steps

Planning

Farm succession: How to start the conversation

How to manage a farm succession handover

Top tips for handing your farm on to the next generation

Alternative ways to manage farm succession

 

Helping overcome business challenges

How to tie up legal and tax succession issues

How setting up a company can help succession and diversification

 

Advice and tips

8 steps for farm succession planning

BPS top-up may help succession plans

Tips on succession planning for farming families

Succession tips for young farmers

 

 

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