Gift Your Land: Donating your land, also known as a fee simple transfer to a non-profit conservation organization or to a government agency is the simplest way to protect land. It is only necessary to obtain acceptance from OCT, to whom the land will be donated, prior to deeding the land. A gift insures the perpetual protection of the land. The donor receives tax benefits in the form of federal income tax deductions, potential estate tax benefits, and relief from property taxes. The donor is also relieved of management responsibilities and automatically absolved of liability associated with any trail use.
375+ acres (82 percent) of the properties preserved by the Orleans Conservation Trust were donated. Typically, the only cost to the land donor is for an appraisal which certifies the value of the donated land for federal income tax deductions. Appraisals are only needed when the claimed value of the deduction is more than $5,000. OCT typically asks donors to pay remaining property taxes on the land before it becomes tax exempt in the next fiscal year.
375+ acres (82 percent) of the properties preserved by the Orleans Conservation Trust were donated. Typically, the only cost to the land donor is for an appraisal which certifies the value of the donated land for federal income tax deductions. Appraisals are only needed when the claimed value of the deduction is more than $5,000. OCT typically asks donors to pay remaining property taxes on the land before it becomes tax exempt in the next fiscal year.
Conservation Options- Gift Your Land
Orleans Conservation Trust
P.O. Box 1078
East Orleans, MA 02643-1078
(508) 255- 0183
oct@orleansconservationtrust.org
P.O. Box 1078
East Orleans, MA 02643-1078
(508) 255- 0183
oct@orleansconservationtrust.org
ORLEANS CONSERVATION TRUST
Preserving Land Since 1970
Preserving Land Since 1970