Forestry 101: Legal

If you want to permanently protect your land and its resources, a conservation agreement is one way to do so. In return for agreeing to restrict certain activities, the landowner gets tax and other economic benefits and the satisfaction of knowing that their property is protected for the time period of the agreement.

 

Your woodland is an important part of your legacy, so careful estate planning is essential to its future. Estate planning can help you determine what happens to your land, such as who owns it and what they can do with it, after you pass away. With the right tools, assistance and good communication, estate planning can be a process that brings your family closer together and brings you some peace of mind.

	TAXES There are many tax implications that come with owning and managing forestland. However, North Carolina and the federal government offer a variety of tax incentives, tax credits and tax deductions to qualifying woodland owners. The publications and resources in this section will help to gain a better understanding of the laws and programs that exist.
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