Family Forestland Short-course

generation NEXT

Focusing on Land Transfer to Generation "NEXT"

You value your forest and/or farmland for multiple reasons such as wildlife, privacy, recreation, timber, hunting or the scenic qualities. Are you prepared to pass the environmental and heirloom values rooted in your forest to the next generation? Without breaking it up?      

While there is a price to planning an orderly transfer of land to the next generation, there is also a cost of not planning that may put your land's future in jeopardy. If you don't have a plan, your wishes for your land and legacy will be lost. By researching and planning ahead of time, you can ensure your wishes are met and minimize the financial costs and emotional challenges while securing your woodland legacy for generations to come.

Land may be your biggest asset. Make sure your actions support the family's values. This award winning and nationally recognized program will get you started on the right path. Please join us for a hands-on workshop with free legal guidance from professionals experienced in intergenerational land transfer and landowner testimonials of estate planning steps and strategies they have used.    

Speakers include legal and financial experts experienced in estate planning as well as natural resource professionals who work with landowners to conserve land and plan the future.  

Location

September 13 & 20, 2016
South Boston Prizery
South Boston, VA

October 5 & 12, 2016
The Inn at Willow Grove
Orange, VA

General Program Outline

When What Who
12:30 Welcome and Legacy Planning Primer Extension Forester
1:00

Building the Base

  • The Family Forest Resource
  • A Family Story

Virginia Department of Forestry

Black Family Land Trust

2:00 Your Family and Woodland Legacy: The Heirloom scale Ties Video
2:30

Panel:  Overview of Planning components

  • Ownership organization tools
  • Land conservation options
  • Financial tools & implications

Estate Planning Attorney

Conservation easement specialist

CPA

5:30 Dinner (provided)
 

An family legacy story:

  • Family wealth: Preservation & Prosperity
Family Landowner
6:45 Day 1 wrap-up and homework Extension Forester
When What Who
12:30 Welcome, recap & homework Extension Forester
12:30 Ties to the Land: Cautionary Tales Ties video
12:45 Selection professional advisors Landowner
1:15 Planning prospects: preparations & probabilities Attorney
2:00

Landowner Case Studies

  • Equity, Burden and Costs/Savings
Attorney & CPA
3:30 Landowner panel: “In their own words” 3 landowners with various approaches & experiences
4:30 Defining your legacy Black Family Land Trust
5:00 Dinner (provided)
6:00 Advisors forum Attorney, CPA, Conservationist
6:30 “Succession happens” what will happen to your land? Ties video
7:00 Evaluation, challenge and dismissal Extension Forester

With Support From

VDACS
Piedmont Environmental Council
Trees Virginia
Virginia Tree Farm
Virginia Forest Landowner Education
Forest Stewardship and Forest Service Logos
Black Family land trust, inc.
The Inn at Willow Grove

Contact

Northern District Forestry and Natural Resources Extension Program
540-948-6881
adowning@vt.edu

Central District Forestry and Natural Resources Extension Program
434-476-2147
kefishe2@vt.edu

Sponsored By

VCE
Department of Foresty

Recommended Books

* Hard copies of the indicated resources will be provided to short-course participants, subject to availability.