Families who own farmland, timberland, or commercial fishing quotas face unique estate planning challenges that go far beyond a simple transfer of assets. These properties and rights are often the foundation of a family’s livelihood and legacy — but they can also trigger complex tax issues, valuation disputes, and eligibility problems for heirs who don’t work in the business. A well-drafted estate plan can help preserve these assets for future generations by using tools like family limited partnerships, conservation easements, or special use valuations under federal estate tax law. Whether your family’s wealth is rooted in soil, timber, or the sea, thoughtful planning ensures that the next generation can continue the work — and the legacy — you’ve built.
If you have questions about Wills, Trusts, or any other aspect of estate planning, give us a call at 253.858.5434 to set up an appointment today. We proudly represent clients throughout Washington and Idaho and are available to meet in person, by phone, or via Zoom video conference.