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gov.ns.ca Government of Nova Scotia Nova Scotia, Canada
Natural Resources

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Module 10A: Managing Woodlot Finances: Planning and Investment Guide

OBJECTIVES

Many woodlot owners manage their woodlot as a small business. Others would like to learn more about using their woodlot as a source of revenue, want to learn about investing in woodlot, or want to learn how to decrease their tax burden.

 Part A of Module 10, Planning and Investment Guide, written by Shaun Scott of Forest Resource Consultants Inc., will help woodlot owners determine if purchasing a woodlot(s) will help fulfill their financial goals. It will also help them develop a business plan tailored to their particular situation and will show the financial benefits of improving and protecting their woodlot.

 Part B, Tax and Estate Planning of this module will explain how a woodlot owner can minimize woodlot taxes and effectively plan inheritance of a woodlot(s) to heirs.

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