Donating Your Land
Your land is a private asset, but it probably provides many public benefits as well. If you no longer need or want to own your land, you could ensure that the things you love about it are protected forever by transferring ownership to a conservation entity. Land with conservation values that benefit the public—such as wildlife habitat, recreational opportunities, or scenic qualities—may be donated or sold in its entirety (“fee simple”) to Lacawac Sanctuary or a municipality, or a state or federal conservation agency.
It’s important to match up your land’s characteristics with your goals as well as the goals of conservation organization like Lacawac or a town or government agency. Consider questions like, do you want your land to be a wildlife sanctuary or open for hunting? Forever wild or managed for forestry? Limited hiking trails or a fully accessible park? Whether Kestrel is the recipient or not, we can help you find the best fit for your land and your goals.
Donating land releases you from the responsibility of managing the land and can provide substantial income tax deductions and estate tax benefits. Most important, if the land is donated because of its conservation value, it will be protected by Lacawac Sanctuary (although our focus is on conservation land, commercial, residential, and other similar types of properties can also be donated to Lacawac with the understanding that the organization will sell the land to support its conservation work).
The Financial Benefits of Donating Land
Donating land to a qualified conservation organization is a powerful way to protect a place you love. It is also a major financial decision that may offer significant tax benefits. Charitable donations of conservation land—either at full value or through a “bargain sale”—currently enjoy federal income tax benefits that can be spread over a number of years to help landowners realize the full value of their donation.
It’s important to match up your land’s characteristics with your goals as well as the goals of conservation organization like Lacawac or a town or government agency. Consider questions like, do you want your land to be a wildlife sanctuary or open for hunting? Forever wild or managed for forestry? Limited hiking trails or a fully accessible park? Whether Kestrel is the recipient or not, we can help you find the best fit for your land and your goals.
Donating land releases you from the responsibility of managing the land and can provide substantial income tax deductions and estate tax benefits. Most important, if the land is donated because of its conservation value, it will be protected by Lacawac Sanctuary (although our focus is on conservation land, commercial, residential, and other similar types of properties can also be donated to Lacawac with the understanding that the organization will sell the land to support its conservation work).
The Financial Benefits of Donating Land
Donating land to a qualified conservation organization is a powerful way to protect a place you love. It is also a major financial decision that may offer significant tax benefits. Charitable donations of conservation land—either at full value or through a “bargain sale”—currently enjoy federal income tax benefits that can be spread over a number of years to help landowners realize the full value of their donation.
Let’s Meet
For more information about donating your land to Lacawac Sanctuary contact us:
Craig Lukatch, President
570-689-9494
craig.lukatch@lacawac.org
For more information about donating your land to Lacawac Sanctuary contact us:
Craig Lukatch, President
570-689-9494
craig.lukatch@lacawac.org
