PodcastWealth Management

The Rural Roundup FINDEX FRIDAY – Succession planning

Doug Davidson
3 September 2022
1 min read

03 September 2022

This week of Findex Friday on The Rural Roundup podcast is with Doug Davidson, Findex Associate Partner for Wealth Management. Although some farmers believe they are going to continue farming their entire life, and leaving the farm is not an idea they entertain, addressing the planning early allows for more clarity and options moving forward. Doug goes into:

  • The most important thing when starting the succession planning process

  • What farmers commonly want in a succession plan

  • The importance of considering a future lifestyle as well as living costs

  • Why starting early with succession and involving the family is important in a successful plan

Author: Doug Davidson | Associate Partner

Doug specialises in providing financial advice that helps New Zealanders improve their quality of life and build a better future. He finds the most rewarding part of his role is making a real difference in his clients’ lives through long term partnerships that help clients achieve their long term and lifestyle goals. Doug works with a team of experts to co-ordinate the five key areas of your financial affairs being: financial planning, investment management, insurance, tax and estate planning.