Can a conservation easement be granted after the death of a landowner?
Yes, the Internal Revenue Code provides the estate may donate a conservation easement after the death of the landowner and obtain an estate tax deduction for the value of the easement. However, it is much better planning for the landowner who wishes the land to be encumbered by a conservation easement after their death, to provide for this in their will.
Related Questions
- Can a private landowner donate a conservation easement to convey away the propertys development rights but still continue to use the property as before the easement was granted?
- Does conveying a conservation easement to a charitable organization create any tax advantages for the landowner?
- Can a conservation easement be granted after the death of a landowner?
