A Guide to Conservation Easements
A conservation easement is a voluntary deeded agreement
between a landowner and a qualified conservation organization,
such as the VES Land Trust. A conservation easement is designed
to permanently protect specific natural, scenic or historic
features of the land by limiting future development, while
respecting private property rights.
Voluntary
Conservation easements are completely voluntary and are
initiated by landowners who wish to protect and preserve
the land they love forever.
Private
Granting a conservation easement is a private transaction
between the landowner and the land trust. The landowner
continues to live on the land and use it, is free to sell
it to others or to pass it on to heirs. Conservation easements
do not require public access to the land.
Permanent
Conservation easements permanently protect land. To qualify
for tax benefits, an easement must be made in perpetuity,
binding the current and future owners to the easement terms.
Flexible
Conservation easements are as individual and varied as the
lands they protect. Landowners and the land trust negotiate
the specific terms to meet their mutual goals. Traditional
land uses are encouraged, such as hunting, fishing, farming
and forestry.
Financially Beneficial
Donating a conservation easement provides significant financial
benefits to landowners and their heirs, regardless of income
level.
• Federal Income Tax Deductions
• State Income Tax Deductions
• Estate Tax Deductions & Exclusions
• Reduced Real Estate Taxes
• Potential to Sell State Tax Credits
Donating an easement creates a permanent legacy. Such a
decision should not be made in haste. The VES Land Trust’s
board members and staff are happy to meet with landowners
and their families to discuss all aspects of an easement
and its terms. Prospective donors should also involve their
attorneys and estate planners in the process.
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