Keeping the Cabin in the Family- Intergenerational Land Transfer
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Reducing inheritance taxes is an issue that concerns many landowners, however, it is not the only issue that landowners should address when planning for the transfer of land to heirs. In addition, many landowners want to pass on their values, goals and aspirations.
What makes for a successful transfer of forestland between one generation and the next? Sugarloaf Cove Nature Center is sponsoring a class on the subject, Saturday, September 17 at the Beaver Bay Town Hall. This class provides tools to participants to help them succeed in planning for the transfer of titled and non-titled property related to the ownership of forestland land. (Learn more in this interview with Sugarloaf board member and attorney Allison Ecklund)
With attorney Allison Ecklund
Sponsored by Sugarloaf Cove Nature Center
Saturday, September 17, 9 am-3 pm
Beaver Bay Town Hall
Families are encouraged to attend. Call to register - 218-525-0001.
The Beaver Bay town hall is located in Beaver Bay, on the upper floor of the building that houses Lemon Wolf Cafe and the Wits End store. The address is 711 MacDonald Ave. Park in the lot for the building that is above the businesses mentioned. Take MacDonald Ave, off Hwy 61, next to the newly reopened Camp 61 restaurant, and follow it to the parking area.
Who is Sugarloaf?
Sugarloaf: The North Shore Stewardship Association is a non-profit organization dedicated to the preservation and restoration of Minnesota’s North Shore of Lake Superior. The group operates Sugarloaf Cove Nature Center near Schroeder, MN, and offers forest stewardship learning opportunities for residents - seasonal and year round - and visitors of the North Shore. The Center offers a breadth of nature oriented activities and learning opportunities for families and individuals:
- Guided Nature Walks and Programs
- Self-guided one mile Nature Trail
- Unique Geologic Formations
- Historic Logging Operation Artifacts
- Interpretive Center with exhibit
Mission:
To inspire the preservation and restoration of the North Shore’s unique environment through education and exemplary stewardship, especially at Sugarloaf Cove.
Preservation and restoration of the Sugarloaf Cove site and Scientific and Natural Area for public enjoyment and understanding.
Interpretation and education throughout and about the entire Minnesota North Shore, especially its natural and cultural heritage.
Organization History:
Sugarloaf was founded in 1993 by a group of citizens concerned with a proposed safe harbor or marina at historic Sugarloaf Cove in Schroeder, Minnesota. Although the initial successes of the organization were at the Cove, the mission of the organization, first known as the Sugarloaf Interpretive Center Association, has always been inclusive of Minnesota’s entire North Shore of Lake Superior. Under the critical early guidance of the late governor Elmer L. Andersen, Sugarloaf succeeded at “win-win” activities on the shore, including the successful preservation and restoration of Sugarloaf Cove and early efforts to coordinate environmental and interpretive groups on Lake Superior’s North Shore.
Sugarloaf has had tremendous success preserving, restoring, and interpreting Sugarloaf Cove. What had been a heavily used industrial site is now a thriving natural preserve, with restored native habitats and over 3000 people per year visiting to enjoy and learn from the setting. However, the need for preservation, restoration, and interpretation of Lake Superior’s North Shore is far broader than Sugarloaf Cove. Fifteen hundred private landowners are the stewards of 80% of the shoreline. Without sufficient outreach and assistance, even the most well intentioned landowner struggles to be part of restoring native habitats.
In 2005, Sugarloaf expanded its mission to include outreach to Minnesota’s entire Lake Superior North Shore. This is reflected in the new name, adopted in 2006: Sugarloaf: The North Shore Stewardship Association.
(Photo licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license)
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