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What are the benefits of pursuing a conservation easement?

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What are the benefits of pursuing a conservation easement?

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One of the main benefits of a conservation easement is the peace of mind that comes from knowing your cherished land is permanently protected for future generations. The land trust can seek funding to purchase the easement, directly compensating the landowner for the diminished development rights. Giving away development rights to a qualified land trust can also result in significant income tax and estate tax benefits which may help you pass your land on to your heirs. The land trust monitors its easements to ensure that the protections are honored. Landowners considering a conservation easement should consult with their financial and legal advisors.

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