BRAINERD, Minn. – A workshop on Intergenerational Land Transfer for woodland owners will be held in Brainerd on Tuesday, March 9, 2010, 6:00 – 9:00 PM, Meeting Room 1, Land Services Building, 322 Laurel Street (map). This is a two-part class. The second part will be held on Tuesday, March 23, 2010 at the same time and location.
This class is being offered to address intergenerational land transfer issues. As such, the overall objective of this class is to discuss what makes for a successful transfer of a landowner woodland between one generation and the next. The process involves three elements; family, a structure or business to carry on with management, and the legal aspects of land ownership.
Family members involved in successful transfers have communicated their vision, goals and feelings for the land with each other, they often work together to implement management goals, and they have a plan in place for the transfer of land. Come and attend this class to learn various tools to help succeed in planning for the transfer of titled and non-titled property related to the ownership of woodlands.
Part one provides hands-on information on how to start the conversation with your family. During part two, participants will have the opportunity to talk with an attorney who has helped woodland owners begin the process. A family that makes a conscious decision about the distribution of titled and non-titled property in advance is more likely to succeed than a family that leaves the heirs or state to decide distribution issues after one’s death.
Families are encouraged to attend. The cost of attending this class is $100/family or extended family. The cost will include two workbooks and a DVD video. Having mutltiple generations attend this class is encouraged.
Participants may elect to receive credit for Woodland Advisor Financial Aspects WAC10. Woodland Advisor is a program of the Minnesota Forestry Association, University of Minnesota Extension, and Minnesota Department of Natural Resources Division of Forestry.
To register for the class, contact Sue Crotty at 888-241-0720 or email@example.com.