Photograph Courtesy of Brendan Wiltse

There are many ways to conserve your land. Below is a list of some of the most commonly used conservation techniques. Each has the potential to protect all or part of your land while meeting your financial and family goals. Of course, it is important to consult your financial and legal advisors before you enter into any kind of conservation transaction. You will want to pay particular attention to tax implications. Most conservation projects will impact one or more of the three primary types of taxes : income tax, estate tax, and property tax.

Land conservation options:

  • Outright donation of land
  • Donation  of land with a retained life estate interest
  • Donation of land through bequest or living gift
  • Fair market value sale of land for conservation
  • Bargain sale and donation of land  for conservation
  • Donation of a conservation easement
  • Fair market value sale of a conservation easement
  • Bargain sale and donation of conservation easement