Securing Your Legacy on the Land, Part 2: Family Governance
What defines “family governance” and what key factors drive the type of governance structure a family puts into place? How does one effectively integrate family members into its governing structure? What are some governance issues one encounters when creating and administering trusts? These and other critical questions relevant to succession planning for landowners are addressed in this second of a five-part Q&A with a nationally recognized expert – Bank of America’s Howard Weiss.
Browse our Library
How is succession planning different for non-resident or “absentee” landowners? With this ownership type becoming more and more common in the West, how can these landowners best steward their investment to the next generation?
Our roadmap to a conservation model that works for rural America, working lands and wildlife. Conservation as usual isn’t working. We are literally losing ground and natural resources every day.…
New Mexico needs permanent statewide funding for agricultural and natural resources projects
Working lands stitch together the patchwork of land ownership that creates the character of the American West – open space, valued by both people and wildlife. Many rural communities have…
As landowners and land managers, we recognize that well-managed lands are the cornerstones of both human communities and the ecosystems on which we all depend. We have a deep, vested…
How does one begin the task of planning for the transfer of a family business, real estate and farm or ranch?
Aspen trees and forests are especially important in the Rocky Mountains. Aspens add beauty to landscapes, foster high diversity and productivity of understory plants, provide for the habitat needs of many species of animals, and moderate fire behavior. There is a perception that aspen trees and stands are not regenerating well in southern Colorado and northern New Mexico; cohorts of trees younger than a few decades are scarce, at least in some areas. The next generation of aspen in the southern Rockies will be influenced by land use decisions, including harvesting, fire policy and management, and browsing by livestock and wildlife.
This guide presents some ways landowners can earn compensation for their stewardship efforts directly or indirectly—schemes sometimes referred to as payments for ecosystem services, ecosystem services markets, or conservation finance. It goes beyond description to provide illustrative case studies of these strategies at work.
This report provides an overview of the latest efforts towards migration corridor management in each of the three states, and reports findings from the workshops. The report summarizes the discussion by workshop participants about what is working in their state, as well as opportunities to improve migration corridor management and conservation.
What factors should you consider when selecting an ownership structure for your ranch? What questions should you be sure to answer before deciding? What are differences between an LLC, a C Corporation, and an S Corporation? What are the benefits to partnership, cooperative or shared ownership structures, and what are the drawbacks? Why or when would someone choose a less common ownership structure?
Never miss a new publication or resource from Western Landowners Alliance.
It's important to be prepared for what's in front of you. Western Landowners Alliance produces vital resources from and for landowners on topics as critical and varied as public policy, economics, and stewardship best practices. Subscribe to our email list to ensure you are always in the loop.