Donating land for conservation is one of the finest legacies a person can leave to future generations. If you choose to donate your land, we can work with you to identify the best arrangement.
We might retain ownership of the property as a permanent preserve or transfer the property to a suitable new owner, such as a government entity for an addition to an existing park or preserve.
In other cases, we might sell the land to a private owner, subject to a conservation easement held by the Land Trust. (Proceeds from such a sale could fund the Land Trust’s long-term management of the conservation easement and/or help it to protect even more land.) The full market value of land donated to a nonprofit land trust is tax-deductible as a charitable gift.
A property owner may donate a property that might not have significant conservation value, with the specific intent that the land trust sell it and use the proceeds for the land trust’s conservation programs. Such a property might be a commercial or residential property. The donation can be outright or devised through a will. These are often called “trade lands.” Trade land donations often have significant tax benefits, but landowners should always consult their own tax counsel for advice.
Donating land may be the best conservation strategy for you, if you do not wish to pass the land to your heirs, or if you no longer use the property. It might also be a good strategy if your property has highly appreciated in value and you wish to reduce tax burdens, or simply if you would like to be relieved of the responsibility to care for and manage the land.
To find out more, please use the form below or call the MLT office at (707) 962 – 0470.