This area covers how farming businesses are organised and run, including partnerships, and the creation and management of corporate structures for farms. It includes drafting and negotiating partnership agreements, articles of association for farming companies, and farm business tenancy arrangements, as well as choosing between partnerships, LLPs or limited companies. It also covers succession planning, share farming agreements, and how these structures affect tax, capital gains, reliefs, and funding for agricultural activities.
What a solicitor handles in these matters
A solicitor will handle the provisions, structures and interactions that govern farm ownership and management, including partnership deeds, share/farm tenancy documents, share transfers, company articles, and governance arrangements; they will also advise on tax considerations, reliefs and regulatory compliance to keep the farm business orderly and resilient.
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