The coronavirus crisis will result in big changes to rural businesses and has reminded us all, even if only at a subconscious level, of our own mortality.
It’s also prompted a subject to be discussed in some farmhouses and estate offices that has been avoided for years or even decades – succession.
Factor in the dramatic drop in income that many farms and estates were already facing with BPS support due to be phased out between 2021 and 2027, and there’s a preparedness to address the topic with a candour and urgency we’ve not witnessed before. Even in families where the subject has been systematically swerved, “what if….” conversations have been sparked.
Read the full article here……
Article by Mark Weaver Open PDF