Gifting of timberland as an estate planning tool

Abstract

Estate planning and associated tax considerations frequently focus on the transfer of property at death. Lifetime gifts, however, are also a valuable planning tool. The "ability to afford the gift" should be the first consideration in a giving program. Timberland and other property that someday might be needed should not be given away.

Citation

Siegel, William C. 2004. Gifting of timberland as an estate planning tool. National Woods, Volume 27(3): 22-24