Succeeding with Succession Family businesses in transition have only a 30 percent probability of successful transfer to the second generation. With better planning and communication, you can boost those odds. This article was originally published in the March-April 2023 Forest Landowners magazine. Andy and David will be conducting a seminar on the topic of Family … Continue Reading →
Forest Technology Changes in the Information Age The timeline of human civilization is discussed and understood by analyzing and categorizing time periods defined by major moments in history. Every historical period has integrally changed the way society has perceived, interacted with, and understood the world. Since the mid-1700s, these periods have been characterized by technological innovation. These innovations have … Continue Reading →
Did you know the USDA Natural Resources Conservation Service (NRCS), USDA Farm Services Agency (FSA), and U.S. Fish and Wildlife Service (USFWS) offer several cost share and incentive programs to help landowners meet their forestry management goals? How do Federal and State Cost Share Programs work? Stemming from the United States’ long historical support of … Continue Reading →
Drone Utilization in Forestry “There is more than one way to skin a cat.” This expression can easily be applied when discussing today’s forest operations. Advancements in technology and connectivity have led to the expansion of the forest management toolbox. One rapidly evolving addition in forestry technology is the use of drones for many woods-related … Continue Reading →
Billy Lancaster Forestry Youth Camp Back in 1988, my father, Billy Lancaster, decided to start a forestry camp for young kids. He went to one when he was a kid and wanted today’s youth to have the same opportunity he had at their age. With the help of some of his good friends who were … Continue Reading →
Enhancing Wildlife Habitat with Planned Forest Management As a young biologist working for a large timber company, I quickly learned a forester does not need a wildlife biologist to help manage a forest. However, a wildlife biologist does need a forester to accomplish wildlife objectives. Yes, a wildlife biologist can recommend doe harvests and the … Continue Reading →
The Appeal of East Texas Land As Mark Twain once said “buy land, they’re not making it anymore.” Historically, rural land investments are one of the most stable investments an individual can make. It usually maintains or even increases in value over time. Land investment also provide diversity in a portfolio of assets. In Texas, … Continue Reading →
If you subscribe to this newsletter, you probably already know forestry is a compelling investment. Whether directly owning timberland or owning stock in a timber REIT, forestry investments provide an attractive alternative to traditional investment vehicles. Timberland returns are derived from a combination of biological timber growth and revenue generated from timber harvests and real … Continue Reading →
Rural Connectivity Effects on Real Estate Demand Fall is in the air! With this year rapidly winding down, I know most are looking forward to a fresh start in 2021. COVID-19 has affected all of us both personally and professionally at some level. Some industries and markets have been devastated while others have experienced expansion … Continue Reading →