Procter v Procter & ors WTLR(w) 2023-01

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Succession planning: Ham-fisted

Luke Busbridge considers the lessons from a recent case on handling farming partnerships ‘It is essential to have a properly drafted partnership agreement that sets out what are and are not partnership assets, and defines the basis on which they are to be valued.’ It is a regrettable fact that among farming families, the death …
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