Why Have a Succession Plan

I have thought a lot about this subject since I last described my reasons why landowners should have a succession plan for their woodlands. I’ve decided that there are many reasons why a woodland owner would want a plan in place, but, for me, I simply want a plan so I can be sure the property will be managed and used after I am gone in a manner I would approve. My wife and I have worked hard to improve the land as a timber-producing forest, as an ecosystem with many different habitats for plants, animals, and insects, and as a site for light recreational uses such as walking, observing wildlife and hunting. We have avoided developing the fields and woods in any way except to build trails so we can access the land. We don’t want all that effort to go unrecognized or have the land used for purposes that might compromise its future.

As a result, 2014 is the year of succession plan action at Applewood Farm. We have talked to our children about their possible interest in the land and found none. We will get the proper documents prepared and signed to put in place a plan for the farm for the future. Our plan will allow for reasonable flexibility in use without allowing development or further subdivision of the parcels involved. It will allow for future unknown owners who want the land for the benefits of living on it and enjoying its activities. Then, when we can no longer manage and enjoy the land ourselves we can pass it on to others knowing our stewardship of the land will continue.

Maine Woodland Owners is committed to helping small woodland owners develop succession plans so they can know their life’s work will be passed to someone who will continue their stewardship efforts. Here’s another topic to stimulate landowners to improve their plans.