Land donation may be the best conservation strategy for you, if:
- You do not wish to pass the land on to heirs.
- You own property you no longer use.
- You own highly appreciated property, have substantial real estate holdings, and wish to reduce estate tax burdens.
- You would like to be relieved of the responsibility of managing and caring for land.
A land donation can offer:
- A substantial income tax deduction.
- Structure that allows you to live on the land or to receive a life income.