Questionable Conservation Easement Donations
Nancy A. McLaughlin
40 PROBATE& PROPERTY SEPTEMBER/OCTOBER 2004 Since 1980, a landowner who donates a qualifying conservation easement to a government agency or charitable conservation organization has been eligible for a charitable income tax deduction generally equal to the value of the easement under Code § 170(h). Aconservation easement is a legally binding agreement between the owner of the land encumbered by the easement and the holder of the easemeen that restricts the development and use of the land to...