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A statement about conservation easements from Jim and Clarice Holder:
Read more about the Holder's Anchor Ranch conservation easement..."This is a very personal decision based on how you value land, its use, and the impacts on the complex eco-community. It is not a quick decision and is best done when you are sure about what you want for the future of your land and when you have discussed these plans with your family.”
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What Are the Benefits of Conservation?
What are the economic impacts to my community of conserving open space?
Many reports have shown that conserving open space in communities around the U.S. attracts jobs, enhances property values, and saves billions in government costs.
Are there tax benefits associated with land protection?
There may be income, estate and property tax benefits for donating your land, donating a conservation easement, or selling the property as a "bargain sale" at below market value. The amount and type of tax benefits depends on a variety of factors, including the legal tool you've used to protect you land, the value of the donation, your income level and the total amount of your estate. Again, you should consult with a financial advisor and/or an attorney to fully understand the tax implications. The Land Trust Alliance (LTA) sells a variety of books and pamphlets that provide basic information on this subject.
Last Updated (Wednesday, 12 May 2010 09:57)