Taxation and Legacy Planning

Whether you plan to harvest timber, have experienced damage to your forest from a natural disaster, or desire to pass your land on to the next generation, there will often be tax, documentation, and business considerations. Understanding forestry-related tax implications and having conversations with family about succession planning are essential to managing your forest to reach your long-term goals.

Tax Resources

Additional Tax Resources

  • The Montana Forest Owners Association (MFOA) works to reduce estate taxes for small family forest owners and supports fair income, estate, and property tax legislation. On MFOA website, you can find news on changes in and new tax policies. 
  • The National Timber Tax Website contains publications and videos to be used by forest land owners regarding tax implications in relation to timber activities.
  • My Land Plan has a variety of resources to help you understand your taxes as a forest landowner. 

Legacy Planning Resources

Additional Legacy Planning Resources