Succession planning

"Proprietary estoppel is a legal principle that relates to promises made in relation to receiving property. "

"The needs of the next generation should be considered now."

"Despite vociferous opposition from the farming industry, the government’s far-reaching changes to agricultural property relief from inheritance tax will be implemented in April 2026."

"The changes to agricultural property relief and business property relief for inheritance tax announced in last October’s budget are due to apply from April 2026. "

"Whilst the budget announcements on Agricultural Property Relief (APR) and Business Property Relief (BPR) have sent ripples through the agriculture sector, there are several announcements that will significantly affect all rural businesses."

"How to ensure farms and rural estates are passed down from generation to generation.    "