Death and taxes are unavoidable but they can be delayed. The former by eating right and exercise and the later by employing the right strategy when selling your land. If you are considering selling your land in Maine and will realize a large capital gain you may want to consider a 1031 tax deferred exchange, aka. Starker exchange. Always consult with your tax advisor but be aware, not all CPA's have a comprehensive knowledge of the exchange process and the tax code involved.
One of the most common misconceptions is the term "like kind property". If I sell my undeveloped land, I will need to replace it with another piece of undeveloped land, keeping with the "like kind". NOT TRUE!! The term "like kind" means "investment property" for "investment property". If John Doe owns a 4 unit apartment building in Florida that has been used 100% as investment, Mr. Doe may exchange that property for a timber investment in Maine.
As with any topic, you will find tons of information on the internet regarding 1031 exchanges. One company that has been around for years is Asset Preservation. Their web site can be found at http://apiexchange.com and you will find a lot of useful information. Once on their site, click on the button "1031 Repeal Issue". This will allow you to send an email to your Representative asking them not to repeal section 1031 of the IRC.
Even if you never have any intention of using a 1031 exchange, the buyer for your property may be involved in an exchange. This type of buyer is motivated and must meet a stringent time table to comply with IRC.