Annual Farming Families Update 2018: Preparing for the next generation

Annual Farming Families Update 2018: Preparing for the next generation

‘Succession and Diversification – The Next Generation’ was the focus of the sixth Annual Farming Families Update, a well-anticipated event held on 20th February at the ever-popular Lion Inn, Boreham.

Hosted by prominent Essex firms Rickard Luckin, Birkett Long and Whirledge & Nott, the lively and well-attended event was ably chaired by Hew Willett, a fifth-generation arable farmer on the family-run Parklands Farm, Galleywood.

The audience, comprising over 120 Essex farming families, were treated to six future-forward presentations delivered by their hosts.  The informative presentations covered succession, diversification and the process of handing farming operations smoothly down to the next generation.

Caroline Peters, Director and Head of Agriculture at Rickard Luckin, opened by detailing the importance of succession planning. Whirledge & Nott’s Director, Paul Walker, followed by making the case for diversification.

Rural lettings, maximising land values and paving the way for succession were next on the agenda, before the presentation section of the evening was brought to a close by Caroline Dowding, Birkett Long’s Head of Agriculture and Estates.

Caroline’s inspirational closing presentation focused on encouraging younger people to take the lead sooner rather than later, so they could develop skill and confidence in an uncertain world.

The floor was then opened for an entertaining question and answer session, before the evening moved on to networking and discussion – during which some well-deserved wine and canapés were served.

To learn more about the specialist agricultural services provided by Rickard Luckin, or to discuss any of the topics covered in this hugely successful event, please contact our Agricultural team.