As a lifelong fan of The Archers and Head of Commercial Property here at Thomson & Bancks, Sally McFadden has many years’ experience in the commercial issues of rural life. Here she discusses the potential benefits and issues behind farm partnerships.
A farming partnership can protect the long-term interests of a farming family and help pass the business down through generations. However it comes with a great deal of complexity, and finding the right structure for your business isn’t easy.
Organisation of a farming partnership depends on the size and type of farm, the roles of family members in running the farm, and differences in capital contribution. In England there are 3 types of partnership.
Click here to read the full article by Sally, as featured in Cotswold Homes.
You can find even more informative legal articles from Sally McFadden below.
Is Your Property as Efficient as Your Washing Machine?
Run, Sally! Run!
Blog: Property Boundaries and Resolution of Disputes Bill
Blog: Minimum Energy Efficiency Standards to be applied to rented commercial buildings UPDATED
Which Legal Framework Best Suits Your Business?
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