12th April 2021

Farmers Weekly Business Clinic: can courts decide how farm assets are treated in divorce proceedings?

Can the court force a sale of a farm in divorce proceedings even if there are other family members/ employees involved? Hannah Jenkins, a solicitor in Thrings’ Family team explains the process.

Can the court force a sale of a farm in divorce proceedings even if there are other family members/ employees involved? Hannah Jenkins, a solicitor in Thrings’ Family team explains the process.

Divorce has become part of everyday life for many, with 42% of marriages currently ending this way.

And farming families are just as susceptible to divorce as anyone else.

Can the courts force a sale of a farm in divorce proceedings, even if there are other family members or employees involved?

Writing for Farmers Weekly’s Business Clinic, Hannah Jenkins, a solicitor in Thrings’ Family team, reviews the courts’ approach to splitting matrimonial assets, and discusses partnership agreements, trusts, prenuptial and postnuptial agreements in the context of protecting assets as a consequence of a divorce.

Click here to read the full article in Farmers Weekly. To discuss this matter further, please contact members of Thrings’ specialist Family or Agriculture teams.


 


RELATED ARTICLES