000			01545cab a2200193 4500
001			##L132074
008			060103n2005 000 0 eng u
035			_a(Sirsi) u132074
041	0		_aeng
100	1		_aHarrison, Mike
245	0	0	_aPlanning for your successor
260			_c2005
490		0	_aFarmers' Weekly _v143(16)23 December 2005, 4-5(2)
520			_aFarm succession and inheritance planning is still a major issue although the number of children directly following their parents into agriculture is decreasing. This view has been reinforced by "The succession project", a recent study of farm succession and inheritance by accountant Saffery Champness. Considers the shifting of attitudes towards inheritance, the need for early planning and good advice to ensure a smooth transfer of ownership and the fact that succession is high on people's agendas following a general rise in UK wealth fuelled by rising property values. Determines why individuals sometimes find it hard to formulate an effective succession plan. Concludes that early succession planning is vital in commercial and financial terms as well as for family security. Provides a succession planning checklist and discusses the important implications of the recent "Antrobus" judgment (L131626) in respect of inheritance tax and agricultural property.
590			_aIKA030106
650	2	4	_aANTROBUS'S PERSONAL REPRESENTATIVE V TWIDDY (INLAND REVENUE CAPITAL TAXES)
690			_aPROPERTY-RURAL AND NATURAL ASSETS-RURAL AND NATURAL ASSET TAXATION
942			_n0
999			_c76317 _d76317