Farming and landowning in Scotland are businesses. All modern businesses require specialist legal advice to ensure that the structures for ownership and trading reflect the aspirations of that business as well as meeting the succession plans for the owners.
How can Thorntons help?
Our Land and Rural Business team can advise you on:
- Ownership of the land which may require to be altered to reflect succession or business planning
- Leasing of land within the landowner’s family or to a third party
- Day-to-day farming and other land-based business structures, including partnerships, contract farming agreements and limited companies
- Appropriate business structures for rural diversification projects, including renewable energy whether undertaken as a sole or joint venture; such structures may include limited companies or limited liability partnerships
With the support of our Corporate team, we can advise on and prepare complex documentation to deal with these business structures.