Effect of the federal estate tax on NIPF landowners

J. L. Greene
T. Cushing
Steven H. Bullard, Stephen F. Austin State University, Arthur Temple College of Forestry and Agriculture
T. Beauvais

Greene, J., T. Cushing, S. Bullard, and T. Beauvais. 2003. Effect of the federal estate tax on NIPF landowners. In: Proc. Global Initiatives and Public Policies Conference, Atlanta, GA, p. 287


Non-industrial private forest (NIPF) landowners have played an increasingly important role in the nation's timber economy. Nearly 70% of the forestland in the South is owned by NIPF landowners (Powell et al., 1994). In Mississippi alone, these landowners control approximately 66% of the state's forestland base (Hartsell and London, 1995). Therefore, NIPF landowners are expected to provide a large portion of the state's supply of timber. However, whether they do so depends largely on how their timberlands are managed. Forest management decisions of NIPF landowners can impact future timber supply due to the magnitude of their collective ownership.