Newbies building a plan and hopefully a legacy for the kids and grandkids

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8 years 9 months ago #39890 by nzbayleys
Well we're 10-15 years off retirement and started talking about where we'd like to be when we're in 'unpaid work'. It didn't take long to realise that full circle would be good, so HB it is. After a bit of hunting around, we've managed to secure a nice little block just outside Waipukurau. Nat (my wife) wanted up to 1/2 acre to garden and mess around in but then we spotted this 2.2ha property and soon came to the realisation that it's as much about the kids and grandkids as it is us.

So, have been looking at this site and learning lots. Will pop in from time to time to ask questions about sensible sustainability, living off-grid, drainage, planting for food and more. We've got plenty of time to get things planted and under way before we get there (we're currently living in Wellington region).

Cheers - Shane

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8 years 9 months ago #509488 by tonic
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8 years 9 months ago #509519 by tonybaker
a legacy for the kids and grandkids - a nice idea but it rarely happens! Probably will cause more disharmony in the family than if you just left them some cash. Usually, one or two kids want cash and so force the others to sell or raise a loan to keep the property.No doubt however you have talked to a lawyer about how to make it into a "legacy"

5 acres, Ferguson 35X and implements, Hanmay pto shredder, BMW Z3, Countax ride on mower, chooks, Dorper and Wiltshire sheep. Bosky wood burning central heating stove and radiators. Retro caravan. Growing our own food and preserving it. Small vineyard, crap wine. :)
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