Legacy Planning for Forest Landowners

Legacy Planning for Forest Landowners

Forests and farmland are valued for multiple reasons such as wildlife, privacy, recreation, timber, hunting, and scenery. Are you prepared to pass the environmental and heirloom values rooted in your forest to the next generation? The cost of not planning and future tax burdens may put your land’s ownership in jeopardy. If you don’t plan, the government will plan for you. 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.

Passing land from one generation the next with your woodland legacy intact takes work, planning and dedication. Legacy planning is the broader effort that not only encompasses the typical estate plan, but also articulates the family goals and ways to involve the next generation. Engaging the next generation in the care and enjoyment of your land helps ensure a smooth and successful transition to keep your land intact, in forest and in the family.

Your Land Is Your Legacy

Generation NEXT

The GenerationNEXT Playlist on the VFLEP YouTube Channel contains attorney, CPA, and natural resoure professional perspectives, as well as landowner case studies from throughout Virginia.

For Resource Professionals:

Webinar via Adobe Connect (requires Adobe Flash)

A Radio interview about transitioning land.

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Radio Interview with SWVA and Jeff Ishee

Contacts

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