Protect Your Land through a Bequest
Donating land through a bequest entitles you to own, manage, and enjoy your land during your lifetime while giving you the peace of mind that it will be cared for in the future. The donor remains responsible for maintenance and real estate taxes on the property, but removing land from an estate can significantly reduce inheritance taxes. A bequest is relatively simple to prepare and can be amended should your circumstances or intentions change. It is advisable to discuss a land donation with the Trust before its inclusion in a will.
For more detailed information, go to http://www.ecga.org/conservation/options.html and click on “DOWNLOAD” at the bottom of the page. |