Closing Thoughts

The decisions (or lack of decisions) you make about your land will have financial and personal impacts long beyond your passing. Your land is an important but flexible asset that can be used to meet a wide variety of personal goals. Estate planning can be an intimidating and sometimes lengthy process, so don’t delay—take a step today to begin your estate planning process. Formalize your wishes for your land to the maximum extent possible, but get started now. Don’t leave the future of your land and your family’s relationship to chance. Once you have made decisions and created a plan, consider it a living document that will need to be revisited every five to ten years or upon major life changes.