Figuring out how to start a winery must include a look at winery insurance

At Live Asset Insurance, we are used to explaining our unique insurance coverage to brokers and owners themselves. When it comes to vineyard insurance, we educate people on where government crop insurance drops the ball; where traditional coverage falls short; and how our coverage picks up the slack. 

Our vineyard insurance covers the live assets, vines in this case, and supporting systems like trellises and irrigation systems. (more…)

Northern Central Park Won’t Be The Same After August Storm

Regions of northern Central Park were heavily damaged by an intense storm that moved through the area on August 18^th, 2009.  Although the period of time in which the storm was at its worst is considerably brief (about 30 minutes), the amount of destruction left in its wake is truly immense.  More than a thousand trees sustained wind damage, and more than 500 required removal due to Central Park storm damage. (more…)

What is the Federal Reforestation Credit?

The federal tax credit for reforestation is one of the best tax breaks available to landowners.  It allows qualified property-owners to claim a 10-percent reforestation tax credit up to $10,000 for expenses associated with planting trees.  In addition, forestation costs up to this limit may be deducted over a period of 7 years.  This reforestation tax credit amidst recent carbon market legislation brings about questions for tree farmers and landowners on how to best take advantage of this growing carbon offsets market? (more…)