We spoke to Aisling Meehan, an agricultural solicitor, as part of our Succession Series \ Philip Doyle
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Agri solicitor Aisling Meehan shares her advice on going into partnership with a niece or nephew if there are no children interested in inheriting the farm.
She says that this can be done, but highlighted the point that partnership is not a transfer of assets.
She explained how a partnership is where the owner makes the land and entitlements available for use by the partnership.
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The problem of who the farm will be inherited by would still have to be addressed.
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Agri solicitor Aisling Meehan shares her advice on going into partnership with a niece or nephew if there are no children interested in inheriting the farm.
She says that this can be done, but highlighted the point that partnership is not a transfer of assets.
She explained how a partnership is where the owner makes the land and entitlements available for use by the partnership.
The problem of who the farm will be inherited by would still have to be addressed.
If you would like to speak to a member of our team, please call us on 01-4199525.
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