Increase in pre-naked and post-nup agreements for agricultural families after budget reforms

Clarke Willmott LLP’s specialized agricultural lawyers have reported an increase in requests on preputial and post-nursing agreements from agricultural families, following recent changes to the successions on agricultural assets.

With the succession of the succession of the succession of an urgent concern, specialists of private customers and family law see an increased demand for legal advice to protect agricultural assets, ensuring that they remain within the family for future generations.

Holly Smith, a partner of Clarke Willmott’s family law team, explained that nuptial agreements can play an essential role in securing agricultural assets, including land, livestock, agricultural equipment and commercial interests.

“Many agricultural families recognize the importance of protecting specific assets and ensuring that they remain within the family,” she said. “A nuptial agreement can clarify property and describe how assets – including future interests and commercial interests – will be managed in the event of divorce.”

Under the plans of the government announced in October, from April 2026, agricultural and commercial property assets up to 1 million sterling pounds will continue to receive a complete tax compensation, but all that is higher than this threshold will be imposed at an effective rate of 20%. Farmers warn that these reforms could create serious financial challenges and even an impact on food production.

Smith highlighted the importance of early legal planning: “We understand how our agricultural customers concern these new rules. The search for legal advice is now essential to mitigate risks and protect family assets. ”

Beyond the reforms of succession tax, the nuptial agreements are increasingly relevant during the next generation in the family business, assets offering assets, the implementation of trustee or the restructuring of agricultural businesses.

“By approaching potential problems in advance, agricultural families can ensure clarity, reduce the risk of disputes and preserve their agricultural heritage,” added Smith.

While agricultural companies are sailing on these legislative changes, legal experts advise early measures to guarantee the protection of long -term assets and avoid future uncertainty.