Let’s be honest. No one wants to think about their own death. However, if we flip the thinking, we can focus on how we help our loved ones in that transition period. It is important to think about what will happen to your land in the future. After investing heart, soul (and probably money) in your property, doesn’t it make sense to plan for a transition of that property to the next generation or to an organization of your choice?
As a women woodland owner or manager I suspect you like trees, feel connected to the woods and likely appreciate the peace and quiet that can be found in that special corner of your woodlot. Intuitively you may recognize some of the health benefits of trees but you will likely be surprised to learn just how much trees are good for us.
I hope most of you don’t need to read this but we need to talk about what to do if you had fire on your property in 2015. Normally, taxpayers are only able to recover their investment in timber at the time of a harvest. This is done through the use of depletion. However, if you have a loss on your property, you can also reclaim some of that investment in the form of a casualty loss deduction.
In a world where trees are competing with the Kardashians, Halo, Facetime, Angry Birds, constant texting, Facebook, YouTube, and on, and on, and on, it’s not hard to decipher why kids are not stimulated by the forest.
Let’s be honest. No one wants to think about their own death. However, if we flip the thinking, we can focus on how we help our loved ones in that transition period. It is important to think about what will happen to your land in the future. After investing heart, soul (and probably money) in your property, doesn’t it make sense to plan for a transition of that property to the next generation or to an organization of your choice?
As a women woodland owner or manager I suspect you like trees, feel connected to the woods and likely appreciate the peace and quiet that can be found in that special corner of your woodlot. Intuitively you may recognize some of the health benefits of trees but you will likely be surprised to learn just how much trees are good for us.