What are the benefits of donating an easement?
Donating an easement protects a significant property even after an owner has sold or bequeathed it; provides income, gift, and estate tax advantages for the donor and in some states, property tax advantages; and enables preservation organizations and public agencies to protect properties against adverse changes through acquisition of a partial interest rather than assumption of the full burden of property ownership. How does and easement protect property? The easement holder has the right to review and approve proposed alterations to a structure or its setting and to enforce the easement terms in the event of a violation. How is an easement valued? Valuation, made by a professional appraiser, is typically the difference between the fair market value of the property before and after the grant of easement. An easement may reduce the market value of a property because it restricts development rights. How does a property qualify for an easement deduction under federal tax law? The Tax Trea
