The Béal Átha na Muice Farm Succession/Well-Being project was launched by Minister of State with responsibility for farm safety Martin Heydon in Swinford, Co Mayo, on Monday.
A third of farmers taking part in a farm succession project based in Co Mayo had no will made.
The Béal Átha na Muice Farm Succession/Well-Being project was launched by Minister of State with responsibility for farm safety Martin Heydon in Swinford, Co Mayo, on Monday.
The project involves 30 farmers and their families representing a mix of farm enterprises and those with and without identified successors. Six experts will advise farmers on potential tax liabilities, the fate of the farm and financial liability.
ADVERTISEMENT
Challenges
Minister Heydon said: “I believe this project will help bring real peace of mind to the farmers involved. I’ve no doubt that the challenges faced here in Mayo are reflected across all farms in Ireland. There is huge potential here to set out a format that can be replicated across the country to help address the issue of succession.”
Register for free to read this story and our free stories.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
A third of farmers taking part in a farm succession project based in Co Mayo had no will made.
The Béal Átha na Muice Farm Succession/Well-Being project was launched by Minister of State with responsibility for farm safety Martin Heydon in Swinford, Co Mayo, on Monday.
The project involves 30 farmers and their families representing a mix of farm enterprises and those with and without identified successors. Six experts will advise farmers on potential tax liabilities, the fate of the farm and financial liability.
Challenges
Minister Heydon said: “I believe this project will help bring real peace of mind to the farmers involved. I’ve no doubt that the challenges faced here in Mayo are reflected across all farms in Ireland. There is huge potential here to set out a format that can be replicated across the country to help address the issue of succession.”
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS