Future of Your Land

Your land is likely one of your most valuable assets, especially if you have owned it for a long time and it has increased in value.  But there’s more to land than just its financial value. Land also has personal value. Your land may have family connections. You may feel strongly about your land's role in supporting wildlife or mitigating climate change. The good news is that land is a flexible asset that lends itself to creative solutions for balancing both financial and personal values. However, it take some planning. 

Estate planning is not just for the wealthy or for those who own “estates” — if you own land, then estate planning is a necessary and valuable step to ensure that the legacy of your land is a positive one. An estate plan ensures that all of your assets, including your land, are distributed in a way that meets your needs. Your estate is not one, all-encompassing document; it’s best thought of as a process that includes both documents (such as a will) and tools (such as conservation restrictions) that achieve your goals when implemented together.