CGT payable on land gifted to children

I own a small piece of grazing land that i wish to gift jointly to my 2 children rather than leave it as part of my Estate and then pay Inheritance tax on it. Value of my property and assets currently exceeds the amount i can leave free of IHT. If i arrange a deed of gift with a solicitor what are the CGT implications for my children or is there another way to pass on the title without having to pay CGT?

Hi,
You appear to be seeking financial advice here which we cannot provide.
Please refer to the guidance at  
CG70291 - Land: disposal of interest in land: declaration of trust
and  
CCG70200P - Capital Gains Manual: Land: Land: Introduction to CGT and land: contents
for you to make your own decision on what action you wish to take.  
Thank you.