✅ Farm Succession Planning Checklist (Argentina)
To organize a legal consultation with Sebastian Limeres (Argentina Attorney Lawyer) please contact https://www.limeres.com and or through WhatsApp in the USA wa.me/+19257918555 and/or in Argentina: wa.me/+5491141620021
🧭 1️⃣ Define Objectives First
Before touching legal documents, clarify:
☐ Who should control the campo after death?
☐ Who should receive income vs. ownership?
☐ Should the land stay unified or be divided?
☐ Is the goal preservation, sale, or family continuity?
☐ Are some heirs active in the business and others passive?
☐ Are there foreign heirs?
👉 Succession is not just inheritance — it’s business continuity.
👨👩👧👦 2️⃣ Identify Forced Heirs
☐ List spouse, children, parents
☐ Calculate forced portions (legítima)
☐ Identify the disposable portion
☐ Detect possible conflicts early
☐ Review marital property regime
👉 You cannot design a plan without respecting Argentine forced heirship.
📜 3️⃣ Review Current Ownership Structure
☐ Is the campo owned personally or through a company?
☐ Check title deeds and registry status
☐ Confirm boundaries and cadastral data
☐ Review mortgages, easements, leases
☐ Verify if land is agricultural, cattle, or mixed
☐ Check zoning and land-use restrictions
👉 Bad titles destroy good estate plans.
🏢 4️⃣ Decide the Best Legal Vehicle
Choose how ownership should exist:
☐ Personal ownership with planning tools
☐ Family company (SA / SRL)
☐ Holding company
☐ Trust (fideicomiso)
☐ Mixed structure (usufruct + shares)
👉 For large campos, companies outperform simple inheritance.
✍️ 5️⃣ Draft or Update a Will
☐ Choose type of will (public deed preferred)
☐ Respect forced heirship limits
☐ Allocate disposable portion strategically
☐ Appoint administrator of the campo
☐ Include compensation mechanisms
☐ Address foreign heirs
☐ Define dispute resolution clauses
👉 A will does not avoid probate, but controls chaos.
🎁 6️⃣ Evaluate Lifetime Transfers
☐ Consider donations of land or shares
☐ Reserve usufruct if needed
☐ Analyze tax consequences
☐ Protect against future challenges
☐ Register transfers correctly
☐ Combine with shareholders’ agreements
👉 Lifetime planning reduces probate mass and surprises.
🐄 7️⃣ Protect Operational Continuity
☐ Appoint farm manager or administrator
☐ Define who signs contracts after death
☐ Maintain banking authority structure
☐ Secure leases and supply agreements
☐ Prepare employee continuity plan
☐ Register powers of attorney
👉 A campo must keep producing even while lawyers fight.
📊 8️⃣ Analyze Financial and Tax Impact
☐ Property tax continuity
☐ Income tax consequences
☐ Capital gains on future sale
☐ VAT treatment
☐ Provincial stamp tax
☐ Currency regulations for foreign heirs
👉 Argentina has no national inheritance tax, but poor tax planning is expensive.
🌍 9️⃣ Address Foreign Ownership Issues
If heirs are abroad:
☐ Check Ley de Tierras limits
☐ Review foreign ownership percentages
☐ Plan for currency transfers
☐ Draft bilingual documentation
☐ Anticipate probate jurisdiction conflicts
☐ Simplify repatriation of income
👉 International heirs multiply legal friction.
⚖️ 🔟 Prevent Family Conflict
☐ Create shareholders’ agreements
☐ Define exit clauses
☐ Establish valuation methods
☐ Restrict sale to outsiders
☐ Include mediation/arbitration clauses
☐ Define voting and control rules
👉 Most campo succession failures are emotional, not legal.
🗂️ 1️⃣1️⃣ Organize Documentation
☐ Title deeds
☐ Cadastral maps
☐ Tax certificates
☐ Corporate books
☐ Lease contracts
☐ Livestock inventory
☐ Machinery lists
☐ Environmental permits
👉 Your heirs can’t protect what they can’t find.
🔄 1️⃣2️⃣ Review Periodically
☐ Review every 3–5 years
☐ Update for births, deaths, divorces
☐ Adjust for law changes
☐ Revalue land and livestock
☐ Adapt to business growth
👉 A succession plan is a living system, not a one-time act.
🧠 Golden Rule for Campo Owners
Never let a campo enter probate without a business plan attached to the inheritance plan.
Without structure, probate freezes land, breaks families, and destroys value.
To organize a legal consultation with Sebastian Limeres (Argentina Attorney Lawyer) please contact https://www.limeres.com and or through WhatsApp in the USA wa.me/+19257918555 and/or in Argentina: wa.me/+5491141620021
🎯 Strategic Summary (Client-Friendly)
✔ Keep the land unified
✔ Respect forced heirs
✔ Plan while alive
✔ Protect operations
✔ Use companies and usufruct
✔ Avoid undivided ownership
✔ Prepare for foreign heirs