If you really wanted to attend the Latimer Hinks/Barclays presentation on Finance for Farmers but were unable to make it - here is a brief outline of what was discussed
FINANCIAL SEMINAR FOR FARMERS
Latimer Hinks Solicitors have recently co-hosted with Barclays Bank a breakfast presentation on the theme “Finance for Farmers 2010.”
Issues explored included lending in the current financial climate, the legal issues surrounding providing security for borrowing and the importance of planning for the future and how to achieve it.
Presentations were given by Anne Elliott and Rosanne Green, Agricultural Specialists at Latimer Hinks Solicitors and Martin Redfearn, National Agricultural Specialist with Barclays Bank.
Rosanne Green outlined the legal formalities relevant to providing Banks with security for lending.
One of the important factors highlighted was that the borrowers and the owner occupiers may need to seek separate legal advice.
Rosanne used the example parents owning a farm, but the borrowing being taken by the farming partnership, perhaps including not only the parents but sons/daughters/daughters-in-law etc. Each would need to be advised in their different capacities.
Anne Elliott explained that at the point in time where borrowing is being taken/considered it is very important to look at the structure of the business and the aspirations/intentions of the various parties.
She stressed it was important for farmers to talk to all their advisers - the bank, the accountant, property or personal lawyer and financial adviser in terms of analysing where a business is going and, importantly, succession planning for older generations.
Anne Elliott said: “The event provided a range of practical advice and information which those attending could take on board and which I hope will prove useful in their farming businesses.
It was good to provide the opportunity for people to hear what is involved in relation to setting up and finalising borrowing arrangements and also to talk informally to professional advisers.”
The event was of course followed by a breakfast of bacon and sausage sarnies!
Wednesday, 3 February 2010
Finance for Farmers - follow up
Monday, 25 January 2010
Finance for Farmers
Tuesday, 12 February 2008
Planning For Succession/Exhaustion!
Wearing two hats can be pretty exhausting !
For 10 years now I have been Marketing Partner and , in addition ,I have headed up the Private Client Dept-with not only responsibility for a dozen plus people but with a hefty workload in terms of servicing the Clients-oh and then there are the techi jobs-rewriting precedents/thinking out policy/strategy /interpreting law-old and new- etc etc
The problem is that I love both roles and wouldn't like to relinquish either!!.
This week has been a "corker" with three pretty time consuming ,work- related marketing initiatives-a Seminar on Succession Planning for Farmers which we had last night-went down like a dream/strawberries and cream!!
No 2? we are planning a Trusts Tax and Investment Seminar for the end of the month-
.....and No 3..we've hit the ground running re the May Charity Ball -invites will be out next week.
Yes ,last night went well-we had a great and informed audience and the technology behaved!!My co- speakers were very polished.
I think in such situations it is felt that I, as a farmers daughter, at least understand the farmers' usual philosophy that they are only caretakers of the land for the next genearation !!
A kindly gent even said that my passion for farming and agriculture "shone through"in my presentation
I am pretty exhausted-it feels like this week has gone on for ever -but equally exhilerated and excited-one of my IFA friends to whom I mentioned being excited about the Tax and Trusts seminar said I needed "to get out more "and everyone keeps muttering "work life balance" etc but work is part -and a big part- of life and anyone happily working for himself/herself treats work as part of life-
I'm letting my hair down this weekend-that is if I can keep awake-but it's only Wednesday and I can't yet quite see the light of the weekend!
Tuesday, 2 October 2007
All About Me!
I have been asked by Smiths Gore to speak at a Farming Event in Harrogate on the 8th November.
It is titled - Farming: The Next Generation
It's a conference for farming families and business professionals with practical advice on how to prepare for the next generation in farming.
As a presenter it was requested that I produce a "brief" biography - this is it!
Me on Me
- Education: Leeds Univeristy - LLB (Hons) degree
- Trained in Leeds from 1973 - 1975
- Qualified and joined Latimer hinks in 1976
- Became Partner in 1978 and Marketing Partner in 1998
As a farmer’s daughter with two brothers (both of whom wanted to farm) and a sister it was clear to me from a very early age that the family farms were earmarked for the boys- I was going to have to “get on my bike”!
Directed by an incredibly forward thinking, well-educated headmistress at Richmond Convent I graduated in Law from Leeds University in 1973 and stayed in Leeds and trained and qualified as a solicitor in 1976. I joined Latimer Hinks that year as a newly qualified solicitor- female solicitors were extremely “thin on the ground”/something of a novelty- especially those with a special interest in agriculture. Thirty one years on I am still at 5-8 Priestgate, Darlington specialising in Agricultural Work, Wills, Trusts, and Tax Planning, responsible for a team of sixteen (growing year on year- the team that is!).
With a special interest in and some knowledge of the agricultural industry I have perhaps been able to provide “added value” in the context of advice provided to the agricultural community. I appreciate the special relationship as between the farmer and his land and enjoy the challenges presented in the context of farmers looking to plan for succession.
My specialisms are: Wills, Trusts, Tax Planning, Agriculture, Succession Planning, Pertnership Agreements...
Chambers on Me
The Chambers UK Guide is an annual publication ranking solicitors and barristers in over 60 specialist areas of law. Chambers have “Top Ranked” me.
2006— The “well known and respected” team acts for farmers on a full range of work, from major matrimonial matters to widespread diversification, including wind farm agreements. Clients reported that these lawyers are “on the ball” and praised their high levels of responsiveness. The firm continues to foster good land agent relationships, ensuring work on landlord and tenant issues. Anne Elliott is a “switched on” practitioner who has developed a good following, particularly among tenants.
2007— The eight-partner practice in Darlington acts for farmers and landowners in the region and beyond. The firm is enjoying a buoyant farming and estates market and demonstrates a commercial ethos through it’s comprehensive service including diversification and environment specialisms. Private Client and Agricultural lawyer Anne Elliott focuses on IHT, CGT planning and gains respect for her “down to earth approach, an important quality for farming Clients.”
Nothing like blowing your own trumpet!
