Advertisement
Advertisement
Technology

A week dedicated to succession planning

Heather WildmanHeather Wildman

Heather Wildman, Managing Director of Saviour Associates, who isn’t any stranger to the farming neighborhood of Northern Ireland, will probably be internet hosting a roadshow of workshops throughout Northern Ireland from Monday thirteenth December.

Gillian Reid, Head of Farm Support at Rural Support stated: “Establishing a future plan for farm succession will ensure the most effective and efficient transfer of responsibilities and assets to the next generation. This should involve everyone within the family who may be affected and respects the roles they may play now and in the future. A strong succession plan will help protect your farm business and your family. Therefore, it’s crucial that this is done sooner rather than later to avoid issues such as inheritance tax and family disputes.”

The Succession Planning workshops will probably be facilitated by Heather Wildman, who’s a beef and sheep hill farmer from Cumbria and has over 25 years’ expertise throughout the agricultural sector; working alongside many different organisations akin to The Princes’ Countryside Fund and the Ulster Farmers Union. Heather has additionally accomplished a 2012 Nuffield Scholarship entitled ‘Influencing and Motivating Change’.

Advertisement

Accompanying Heather every evening will probably be Rural Support’s Farm Business Mentors who’ve an unlimited array of data and expertise and are there to make it easier to make these tough choices relating to you and your farm enterprise; while guiding you alongside the trail that’s best for you and your farming life. The areas of those workshops are:

– Monday thirteenth December at The Armagh City Hotel, Co Armagh at 7.30pm

– Tuesday 14th December at Seskinore YFC Hall, Omagh, Co Tyrone at 7.30pm

– Wednesday fifteenth December at Garvagh Community Building, Garvagh, Co Londonderry at 7.30pm

Advertisement

Heather Wildman of Saviours Associates stated: “Succession can be a difficult subject for many to approach. Individuals need to know what they want, ask whether they are ready to make the change, if they have a time frame in mind and what a potential retirement plan might look like. Those planning for succession also need to think about the financial aspects, have an up-to-date will in place and ensure they have enough provisions to live off for the future. Discussing matters with the family and making sure the next generation has the right skills to take the business forward is also vitally important.”

Spaces are restricted at every of the venues so if you want to guide your home please electronic mail [email protected] or communicate to a member of Rural Support Farm Business Unit by calling 028 8676 0040. All Covid 19 guidelines and laws will probably be adhered to.

Rural Support recommends that the Head of Holding, plus a youthful member of the farm enterprise take part collectively in order that each acquire a transparent understanding of what their roles and obligations are all through the succession planning course of.

If you prefer to to discover out extra in regards to the providers and programmes obtainable at Rural Support, go to the NI Farm Support hub at www.ruralsupport.org.uk or phone the Support Line on 0800 168 1678 obtainable Mon-Fri 9am-9pm and different choices obtainable in any respect different occasions.

Advertisement

Show More
Advertisement

Related Articles

Leave a Reply

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

Back to top button