Is it time to think about a farm partnership?

Having a well-drafted written partnership agreement is critical. There is always the potential within family partnerships, in particular, where disputes get out of control, writes rural solicitor Karen Walsh.

Image credit: Irish Examiner

Dear Karen,

I am thinking of giving the lands to my son in the next few years before he turns 35, the cut-off point for claiming the Young Trained Farner Relief in respect of Stamp Duty. 

https://www.irishexaminer.com/farming/arid-41563141.html

Let Us Know Your Questions

Your email address will not be published. Required fields are marked *

Book a Consultation

Practice Areas

Related Blogs

The difference between a will and enduring power of attorney

The difference between a will and enduring power of attorney Image credit: Irish Examiner Dear Karen  My elderly uncle owns a farm and is becoming ...

I don’t want to sell the farm and move to Scotland so what will happen to my children?

I don’t want to sell the farm and move to Scotland so what will happen to my children? Unmarried and worried your partner will move ...

Solar developer wants to lease 15 acres of my farm 

Solar developer wants to lease 15 acres of my farm Legal question: What will the impact of a solar development on my farm be for ...

My father has Alzheimer’s so how can we make decisions about the farm?

My father has Alzheimer’s so how can we make decisions about the farm? It sounds like in your case, in the absence of a power ...

Joint tenancy vs tenancy in common for unmarried couples in Ireland

Joint tenancy vs tenancy in common for unmarried couples in Ireland My partner and I plan to buy a property together and are unsure of ...

Is it worth it to risk building a home on family land without title?

Is it worth it to risk building a home on family land without title? The fact planning permission was obtained with your aunt’s cooperation does ...