Mediation can prove invaluable in helping farms and other family businesses where transfer of ownership from one generation to the next takes place. Succession is often a complex and sensitive issue with legal, tax and inheritance implications. It is important for farmers, business owners and their families to come to a shared understanding and take the necessary steps for succession and inheritance in a timely manner.
Mediation can help when:
- Farm/Business owners and their children have different expectations for the future
- Spouses and/or siblings don’t share the same interests for the farm/business
- Decisions need to be taken for tax/retirement or care reasons
I have attended Teagasc succession and inheritance workshops as the Mediator Advisor most recently last September in the Dolmen Hotel Carlow

For More Information on Succession of Farm or Family Businesses email davyjgray@icloud.com