This was going to be my next question as we want to keep tree. I’ll have to figure out best limbs to tie together then. Here’s a pic from further away.Common in some species. You can run a cable between the two branches, between 1/2 and 2/3 way between crack and maximum height, if you want to keep the tree. Typically done by drilling thru each half, thru-bolting an eye bolt in each branch, and then running a cable with eyes between them.
The same thing has been happening here, I lose three to five trees each year. But I’ve been planting 15 - 20 new trees each year, so I’m seeing a net increase. On a smaller scale, I’d just plan to plant a few new trees each year, as your budget and property dictate.It’s funny you say it’s young, but I guess being close to 40 years old,in the grand scheme it is young. In the last three years I’ve had to cut down seven cottonwoods as they just died. I’ve got none left now.
Not sure what it is. Leaves are all down and mulched already. Leaves on the ground are from the poplars in the background.That included stem won't get better with age.
It's always best to prune out included stems while trees are still young (high vitality), and small (diameter of half-dollar optimum).
It's an arborists job to accurately assess risk and communicate that to the property owner, along with treatment options.
It's the property owner's responsibility to determine the level of risk they are willing to assume.
Is there a target, such as your house ? It's tough to tell from the pic. Is failure probable ? What is the extent of possible damage ?
Can the risk be mitigated ? Ashful mentioned cabling and bracing. If you go that route, hire an ISA certified arborist that does cabling and bracing, and can properly assess condition, whether it's good candidate, and will tailor a specific design/ plan for your tree. Few arborists cable and brace, and those that do it's not a major portion of their business. It's easy to do it improperly.
There are two types of cabling: static and dynamic (even fewer use this new practice).
Cable systems should annually be professionally inspected and adjusted (as needed).
The job of a cabling system is not necessarily to prevent failure, but to mitigate its severity and scope of damage.
Cabling is often performed in conjunction with bracing (putting a screw rod/s through the trunk).
I can't make out the tree species (pic of leaves ?). That might have some bearing on your decision.
If it were me I'd be inclined to remove tree.