Estate Planning for Forest Landowners What will Become of Your Timberland?

Abstract

This book has been written to assist nonindustrial private landowners in addressing the considerations enumerated above. It is designed to provide a working knowledge of the Federal estate and gift tax law as it relates to estate planning for timberland owners. The unique character of timber assets is addressed in terms of the estate planning goals of a woodland owner. The purpose is to enhance, not replace, communication with estate planning advisors, and to make estate planning more efficient through understanding the process as an informed timberland owner. In all cases, well-qualified professional advisors are essential. Educational, Not Legal, Advice The discussion and examples presented here should be regarded as educational, not legal, advice. The facts and circumstances of one's personal situation-goals, financial portfolio, land and timber inventory,