We are experts at advising in divorces involving farms and clients in the agricultural sector. There are often complexities with these assets which do not ordinarily arise so it is key that you seek specialist advice.

Farms are treated similarly to businesses on divorce, but a key difference is that the business often holds large amounts of capital. Unlocking that capital can be tricky. Furthermore, the farm is more than just a business and represents a way of life, farmers often see themselves as custodians of the land on behalf of future generations.

The ownership of farms can be complex and diverse. They are often inherited assets passed from generation to generation which may merit special consideration.

We may need to work with our Estates team to ensure that there is full understanding of issues specific to the land and tax issues.