Your farm and family’s future
If an estate has an agricultural connection, regardless of the size of the farm or land, its administration may feel especially challenging and complex. The primary concern for any farming family in these instances will be to ensure the farm continues to run as smoothly as possible while these formalities are carried out. We’re here to help.
As well as the usual practical considerations when administering an agricultural estate, there’s a primary need to ensure all available inheritance tax allowances and exemptions are claimed. Whether this involves Agricultural Property Relief or Business Property Relief, it’s important to ensure the estate does not pay unnecessary taxes, so that value can be preserved for the beneficiaries.
How we help
Our dedicated probate team is experienced in dealing with estates that have an agricultural element. We understand your farm may have well-established land agents and accountants, and we’re happy to respect those relationships, working in close collaboration with all other professionals that need to be involved.
Our probate team also works closely with other experienced departments here at Blanchards Bailey, should they need to be involved in the agricultural element of the estate administration.
Above all, you’ll find us approachable and flexible, prioritising your needs and concerns to ensure you’re kept fully informed as the administration progresses. We’ll make sure you have full clarity on all the decisions to be made, and clear awareness of your duties and responsibilities.
If you would like to discuss an estate with an agricultural connection to see how we can help, please contact our probate team.