Looking forward 15 years, a strategic plan should include a definition of the new paradigm developing in large-scale timberland ownership, management, and conservation. Components of this new paradigm will include new methods of applying tax-related programs, conservation easements and valuation, carbon sequestration and carbon credit valuation, ownership, and trading. Additionally, wetland development credits and trading, and methods to quantify intrinsic land values not yet recognized, will become the standard. Timberland ownership and timberland management for private and institutional clients with rates of return comparable to the S&P 500 are available in the marketplace through structured financial programs.