Owning a Landed Estate carries all the challenges of a family farming business plus the added issues of widely diversified assets and income streams. The high asset values and high maintenance costs make thorough long term planning both for business continuity and family succession crucial.
We advise the Estate owner whether that be an individual or family trustees together with their estate manager. We act for almost 400 farms and estates which together have every type of agriculture and almost every type of diversification.
We have a specialist and highly trained agricultural team led by Jonathan Tulloch, a farmer’s son with an agricultural management degree. He is supported by our senior partner Peter Homent who has been advising Landed Estates for 40 years.
We believe we are unique in providing our clients with harvest year management accounts together with benchmarking figures, not only for financial information but yields, average prices etc. organised by land and cropping types so as to give truly meaningful figures.
With farming businesses it is crucial that advisors understand the family personalities and aspirations. Advice needs to be joined up, bringing together commercial, finance, tax and family considerations. For this reason we do not have a separate tax department and all advice comes from your team
We have particular expertise in:
Wedding and function venues
Planning for property development
Maximising Inheritance Tax relief’s
Use of family trusts
Business software choice, development and training
In addition we provide a full range of the more everyday services as listed in Agriculture
For a free consultation contact Jonathan Tulloch