Article
Farmers Weekly Business Clinic: Partnerships, Trusts And The Next Generation
A family farming business in Cumbria seeks guidance on structuring partnerships and discretionary trusts to balance the needs of their farming son who will inherit the 32-hectare operation with ensuring fair treatment of their two non-farming daughters. The advice explores how discretionary trusts can provide flexibility for succession planning while addressing the practical challenges of raising capital and managing competing family interests.

Thrings LLP
