Farming divorces can often involve complex considerations such as inherited land and assets, partnerships, issues with cash-flow and available income, family trusts, farming tenancies. It can sometimes be difficult to identify who owns certain parts of the land and whether they are owned individually or by the partnership. Some farm businesses are managed and run through limited companies, causing particular concerns for the other shareholders in the event of a divorce. The main concern of course for all farmers is to ensure that their farm can continue to operate. Farms are often passed down through the generations with adult children who are keen to take over.
The team at Langleys understand the unique nature of a farming separation and the pressures and concerns you can face. We regularly act for husbands and wives in farming cases, including both large estates and smaller holdings. We are able to advise you from the outset in relation to the issues you will need to consider. Together, we will ensure that your interests are protected and you gain the best possible outcome. The team in Lincoln is ranked the highest “tier 1” in Legal 500 for East Midlands and Emma Lawler who leads the team is also individually ranked in legal directories Legal 500 and Chambers & Partners. We work as a team on your case and involve trusted accountants and surveyors to gain the best possible outcome for you.
Prevention is better than cure. We can also help protect your assets in the event of a relationship breakdown with a pre or post nuptial agreement. This is an essential part of financial planning and we would urge anyone who wishes to protect their assets to consider this option.
We are also able to offer farming clients family mediation as an alternative to expensive and stressful court proceedings. Our mediator has the depth of experience to guide you through all the issues you would need to consider whilst attempting to agree an amicable outcome with your spouse.