Many of the trees we see and enjoy in our yards and in woodlands are there because someone has a personal affinity for the land, its trees, and a commitment to caring for them. With 70% of the state's forestland held by individuals, families, hunting clubs, and other private groups, passing that legacy on to future generations will take some planning and communication with your heirs.
In the 2010 Exploring the Private Forestlands of Pennsylvania study, 53% of the current owners said they intend to leave their land to more than one heir. Under this scenario, land that was cared for to meet one or two person's values suddenly becomes subject to many more voices making decisions, and these voices don't often sing the same song.
With the holidays approaching and families and friends gathering, perhaps now is the time for you to take a walk in the woods with your heirs. Studies show that heirs want to maintain the legacy of previous generations, but often they don't feel included in the current decision-making and lack preparation for becoming the next forestland owner.
Start by telling them what you love and why your land is important to you. Relate a funny or moving story. And ask them to do the same. You may find in your conversation that your land is just as important to your heirs as it is to you. And maybe planning for its future becomes a more shared and engaged process for you, your family, and heirs than just wishing them luck when your will is read.
There are many resources available when one is ready to engage the estate or succession planning process. Forest Stewardship "Bulletin #13: Estate Planning" is one offered by Penn State Renewable Natural Resources Cooperative Extension. Visit http://pubs.cas.psu.edu/FreePubs/pdfs/uh105.pdf to download a copy or contact our office at RNRext@psu.edu or call 800 234 9473 (toll free). A simple Internet search on forests and estate or succession planning will provide many other resources.
For this and other gardening questions in Lackawanna County ask for the Garden Help line at 963-6842 or email LackawannaExt@psu.edu.
Terry Schettini, Extension Educator
Penn State Cooperative Extension in Lackawanna County
Showing posts with label stewardship. Show all posts
Showing posts with label stewardship. Show all posts
Tuesday, November 29, 2011
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