Department of Forestry, Virginia Cooperative Extension make legacy planning accessible
The Generation NEXT program is a collaboration between Virginia Department of Forestry and Virginia Cooperative Extension that helps Virginia landowners keep forests intact, in forest, and in family.
Generation NEXT is hosting two low-cost virtual legacy planning series this year – in April and September – to help landowners take the first steps and clarify some of the misconceptions about the legacy planning process that might prevent people from getting started.
Many landowners are overwhelmed by the legacy planning process and assume that it primarily involves complicated work with attorneys and accountants. This assumption might cause landowners to delay thinking about what they want to happen to their land when they’re no longer around to manage it.
The Generation NEXT program demonstrates how estate planning (working with lawyers and accountants) is just one part of the legacy planning process.
“One of the most important steps in legacy planning includes conversations between you and the people who will steward your land after you’re gone. Do they understand your stewardship goals for the property? Do they feel a connection to the land? Are there key pieces of information you need to share about the property? Having these conversations is critical,” Virginia Cooperative Extension Agent Adam Downing said.
If a landowner passes away without clearly established plans for their estate (including their land), things can quickly become complicated for the surviving family members. The Generation NEXT program provides families with resources and tools that make the process more manageable and accessible.
With the Generation NEXT workshops, families pay a single fee to participate, even if they are geographically separated. The workshops serve as designated opportunities for family members to ask difficult questions, receive useful information, and get on the same page about plans for the future.
Typically, these sessions are in-person, so dispersed families are taking advantage of the virtual offerings.
As a companion to the workshop series, the Generation NEXT team created a publication, Legacy Planning: A Guide for Virginia Landowners that provides an overview of the nine major steps involved in developing a robust land legacy plan. It includes case studies from landowners throughout Virginia and guides landowners to tools and resources.
The free publication is available online or in-print (by request). www.pubs.ext.vt.edu/content/dam/pubs_ext_vt_edu/CNRE/cnre-121/CNRE-121.pdf
Landowners should approach legacy planning as an on-going process. “Much like a forest changes over time, your legacy plans will evolve. As priorities change or family dynamics shift, so should plans for your land,” Department of Forestry Conservation Specialist Andrew Fotinos said. “Having the Legacy Planning publication on-hand will help landowners as they periodically revisit the nine steps over time.”
With spring and summer just around the corner, it’s the perfect time to engage with Step Eight: “Provide opportunities for your family to learn about and enjoy your woodlands.” Explore your property with future generations to instill in them the importance of good land stewardship.
Spring dates for the Generation NEXT workshops are April 7, 8, 14 & 15. Those interested in attending the spring workshop should register by March 31 to guarantee their spot and receive a print copy of the Legacy Planning publication before courses begin.
Fall workshops will take place on Sept. 8, 9, 15 & 16. Families or individuals can register for either the spring or fall dates, or they may elect to attend both series for a comprehensive experience. Content may overlap in the two series, but they are not identical.
Registration can be completed online: ext.vt.edu/natural-resources/legacy-planning/training.html