Join us as we uncover the issues families are facing when looking to the future and ensuring the legacy of their family estate. With insights from Leonora Stevens, Mike Hodges, and special guest Peter Harker, we'll move beyond the typical tax talk and delve into the practicalities of succession planning. Discover strategies to manage farmland, residential properties, and natural capital projects effectively while preparing heirs to take the reins. This episode is essential listening for anyone looking to preserve family cohesion and ensure the long-term viability of their assets.
Explore how modern estates can thrive in today's ever-evolving landscape, inspired by the diverse ventures seen on "Clarkson's Farm." We discuss the vast opportunities for land diversification, from commercial and residential properties to renewable energy projects. With over 80% of estate owners viewing renewables as key to future diversification, the potential for sustainable management and new funding streams is immense. Learn the importance of professional advice, regular reviews, and clear communication in succession planning, and get our top ten tips for effective planning. Tune in to become well-versed in the intricacies of wealth management and tax advice, ensuring a prosperous future for generations to come.
You can also read our full report on succession planning.
Information
- Show
- FrequencyUpdated Monthly
- PublishedJune 6, 2024 at 12:00 PM UTC
- Length18 min
- Season2
- Episode6
- RatingClean