71% of farmers plan to keep it in the family

The Irish Examiner has run a series of interesting opinion polls this week to coincide with the Ploughing Championships.

This morning they focus on farm succession. We wrote about it last year and spoke to the Examiner about the interesting results.

Rossa McMahon said planning was essential for a clear succession strategy, but many farmers do not engage with the issue until later in life. “A lot of people leave it until they are close to retirement age without ever having a proper discussion and it’s causing a lot of problems”

Read the full report here. Read more about farm succession and download the Teagasc farm succession and inheritance guide here.

PG McMahon Solicitors have been advising farmers for over 50 years on a range of legal issues relevant to the industry including farm succession, transfers, leases, windfarm developments, wills and family law.

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