Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Rise in pre-nup and post-nup agreements for farming families following budget reforms

by March 20, 2025
March 20, 2025
Rise in pre-nup and post-nup agreements for farming families following budget reforms

Specialist agricultural lawyers at Clarke Willmott LLP have reported a surge in enquiries about pre-nuptial and post-nuptial agreements from farming families, following recent government changes to inheritance tax on farm assets.

With succession planning now a pressing concern, private client and family law specialists are seeing increased demand for legal advice to safeguard farming assets, ensuring they remain within the family for future generations.

Holly Smith, an associate in Clarke Willmott’s family law team, explained that nuptial agreements can play a vital role in securing agricultural assets, including land, livestock, farming equipment, and business interests.

“Many farming families recognise the importance of protecting specific assets and ensuring they stay within the family,” she said. “A nuptial agreement can clarify ownership and outline how assets—including future inheritance and business interests—will be managed in the event of a divorce.”

Under government plans announced in October, from April 2026, agricultural and business property assets up to £1 million will continue to receive full inheritance tax relief, but anything above this threshold will be taxed at an effective rate of 20%. Farmers warn that these reforms could create severe financial challenges and even impact food production.

Smith stressed the importance of early legal planning: “We understand how concerned our agricultural clients are about these new rules. Seeking legal advice now is essential to mitigate risks and protect family assets.”

Beyond inheritance tax reforms, nuptial agreements are increasingly relevant when bringing the next generation into the family business, gifting assets, setting up trusts, or restructuring agricultural enterprises.

“By addressing potential issues in advance, farming families can ensure clarity, reduce the risk of disputes, and preserve their agricultural heritage,” Smith added.

As farming businesses navigate these legislative changes, legal experts are advising early action to secure long-term asset protection and avoid future uncertainty.

Read more:
Rise in pre-nup and post-nup agreements for farming families following budget reforms

0
FacebookTwitterGoogle +Pinterest
previous post
Israel reimposes blockade of northern Gaza, including capital Gaza City
next post
Britain’s high streets saw 35 shop closures a day in 2024

You may also like

Secrets of Success: David Davies, Founder and MD...

October 23, 2023

‘Gen Z’ Oxford University female co-founders scoop German...

September 30, 2022

Overtime ban by Aslef train drivers to bring...

June 20, 2023

Could Stem Cells Be Useful for Sports Medicine?

January 31, 2023

How Does Intelligent Search Work? A Guide for...

April 8, 2024

Centrica CEO’s Salary Soars by Nearly £4m Despite...

March 27, 2024

Jeremy Hunt hints further tax cuts may be...

January 19, 2024

Hundreds of families caught by seven-year inheritance tax...

August 27, 2024

Court of Appeal ruling empowers businesses to reclaim...

March 26, 2025

Bonnie Blue Australian Visa May Get Canceled?

November 26, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump’s Debanking Order Calls for Investigation, Something Tennessee Should Have Done

      August 9, 2025
    • WATCH: GOP senators divided over whether Epstein documents are a distraction or a needed reckoning

      August 8, 2025
    • Federal agencies directed to delete employee COVID vaccination records and exemption requests

      August 8, 2025
    • Do Legal Checks on a President’s Power “Diminish the Votes of the Citizens Who Elected Him”?

      August 8, 2025
    • United States v. Berry Brief: Post-Dismissal Civil Commitment Exceeds the Bounds of Federal Power

      August 8, 2025
    • Breaking Down Trump’s Debanking Executive Order

      August 8, 2025

    Categories

    • Business (8,717)
    • Investing (2,191)
    • Politics (16,344)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved