A week dedicated to succession planning

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Heather wildman
Heather wildman

Heather Wildman, Managing Director of Savior Associates, who is no stranger to Northern Ireland’s farming community, will be hosting a workshop tour across Northern Ireland starting Monday, December 13.

Gillian Reid, Farm Support Manager at Rural Support, said: “Establishing a future plan for farm succession will ensure the most effective and efficient transfer of responsibilities and assets to the next generation. It should involve all family members who may be affected and respect the roles they can play now and in the future. A solid succession plan will help protect your farm business and your family. Therefore, it is crucial that this is done as early as possible to avoid issues such as inheritance tax and family disputes.

The succession planning workshops will be facilitated by Heather Wildman, who is a Cumbrian cattle and sheep rancher with over 25 years of experience in the agricultural industry; working alongside many other organizations such as the Princes’ Countryside Fund and the Ulster Farmers Union. Heather also received a 2012 Nuffield Fellowship titled “Influencing and Motivating Change”.

Each evening, Heather will be joined by Rural Support’s farm business mentors, who have a wide range of knowledge and skills and are there to help you make the tough decisions about you and your farm business; while guiding you on the path that is right for you and your farming life. The locations of these workshops are:

– Monday December 13 at the Armagh City Hotel, Co Armagh at 7:30 p.m.

– Tuesday December 14 at Seskinore YFC Hall, Omagh, Co Tyrone at 7:30 p.m.

– Wednesday December 15 at Garvagh Community Building, Garvagh, Co Londonderry at 7:30 p.m.

Heather Wildman of Saviors Associates said, “Succession can be a difficult subject for many to talk about. People need to know what they want, ask themselves if they are ready to make the change, if they have a timeline in mind, and what a potential retirement plan might look like. Those planning the estate also need to think about the financial aspects, have an up-to-date will, and make sure they have enough provisions to live on for the future. It is also extremely important to chat with the family and ensure that the next generation has the skills to move the business forward.

Places are limited in each of the locations, so if you would like to reserve your place, please send an email [email protected] or speak to a member of Rural Support Farm Business Unit by calling 028 8676 0040. All Covid 19 rules and regulations will be followed.

Rural Support recommends that the chief operating officer and a younger member of the farm business participate together so that both gain a clear understanding of their roles and responsibilities throughout the succession planning process.

If you would like to learn more about the services and programs available from Rural Support, visit the NI Farm Support hub at www.ruralsupport.org.uk or call the helpline on 0800 168 1678 available Monday through Friday from 9 a.m. to 9 p.m. and other options available at any other time.


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