My siblings and I were given our father's farm/property. It consists of 204 acres of land (approx 120 forest/80 cleared). This property is primarily just our "get-away" and during hunting season, the boys and family all hunt deer/turkey. The property was given to us as our father resides in a nursing home now and his assets are too much to qualify for medicaid. We have sold his home to pay for his nursing home costs, and now need to find another avenue of income to continue supporting his nursing care expenses. We have approximately $75K-$100K in timber on this property. It will take a year or more to redeem it all, but our question is that this money is for our father's care, is there anything in the tax laws that lower or even eliminate a negative impact on us? We live in Missouri. The money from the sale of the timber will not be supplementing our income and will go into a separate account, and is to be used exclusively to maintain our father. Can you refer us to professional to help guide us through these issues?