Succession
Investing off-farm seeking advice
Words Angus Marks & Andrew Austin, Wealth Management, Jarden Wealth.
Episode 30 – What is the key to successful farm succession?
Farm succession is something that affects every farming family at some point - whether it be from parent to child, or outside the family unit, there are many ways to approach it, and definitely no silver bullet.
Hear from three people who know succession’s in-and-outs best:, a farmer currently in the succession process; a rural banking expert; and a family succession planning consultant.
Succession: Time for action
There is no off-the-shelf succession plan. Every business and every family is different, Peter Flannery writes.
A strong business is needed
Transferring ownership of the farm to your successors is - relatively - the easy part, Peter Flannery writes.
Letting go of the reins
Letting go of the reins can be hard for many farmers, but Mairi Whittle says her dad was happy to step back and take orders. By Russell Priest. Photos by Brad Hanson.
Ownership and control
Giving up control of the farm can sometimes be more difficult than passing on ownership, Peter Flannery writes, in the fourth of his series on succession planning.
Succession: The third pillar: Fair comes before equal
Peter Flannery continues a series of articles advising the steps to a successful succession plan, focusing on the third pillar.