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Family Estates

Any aspect of agricultural or commercial property requires specialist knowledge. Glanvilles have a strong team of senior family solicitors with an expert handling on such high value assets.

Separation can be incredibly stressful and difficult. In divorce proceedings, it is usual for a financial settlement to be dealt with alongside the divorce. When assessing the parties assets, particular consideration must be given to family businesses and trusts or agricultural property.

Due to the nature of these assets, division of items can produce further issues as a result of any income derived, goodwill or capital value. Our family department can advise you as to different options for dividing the assets and advise you if there is a need to seek financial advice on potential tax implications.

In order for our department to assess how to achieve a fair and reasonable division of these assets, you will be advised to obtain as much information as possible about these assets to include:

  • Full and complete set of business accounts
  • A valuation of the land/business
  • Any documentary evidence for the trust.

When proposing financial settlement, our family department can advise you to the implications of any proposed offers and can guide you through negotiations to achieve an agreed settlement.

When such high value assets have been acquired by one party you may want to consider a Pre-Nuptial agreement prior to marriage or civil partnership or a Post-Nuptial agreement after marriage might be possible.