Succession Planning & Agricultural Tenancies in Scotland - Live at Your Desk

Introduction

This new virtual classroom seminar, aimed at private client lawyers, will look at the options open to agricultural tenant clients when dealing with their tenancy interest as part of their succession planning, both during lifetime and on death.

When advising farming clients on succession planning it is important to consider the interest held in any agricultural tenancies.

The type of agricultural tenancy held or how such interest is held is often complex and requires some investigation.

The session will provide you with an understanding of the particular options open to farming clients in relation to agricultural tenancy interests together as well as the procedures to be followed and valuation of such interests.

What You Will Learn

This live and interactive session will cover the following:

• Investigation into the type of agricultural tenancy and how it is held - consideration of relevant documentation
• Lifetime transfer of agricultural tenancies
• Transfer of agricultural tenancies on death - executors’ powers and discretion
• Valuation of tenancy interests
• The right to relinquish and assign under the Land Reform (Scotland) Act 2016
• Other succession tools?

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.