FCo Rural Estates Newsletter Spring 2022 - Flipbook - Page 18
6 – Goodwill in the Willows – setting up a charity for a rural estate
The next chapter
Mr Toad has learned that setting up a charity for a rural estate is not straightforward. In
fact, the more he learns from his current lawyers the more he wonders if it is right for him
after all. While he knows of other landowners (particularly those who are committed to
public access) who, with specialist legal and tax advice, have used a charity successfully,
he’s not sure he wants the public muddying his carpets and nosing at his paintings. In
fact another lawyer was talking to him at lunch the other day about putting the whole
estate ‘into a partnership’ and he rather thinks that really is the latest thing...
“
The subsidiary’s use of the orangery should be
through a formal, written licence including payment
for the use of the charity’s property and any other
assets the subsidiary needs to function.
18
Rural Estates Newsletter
Spring 2022