A Tool for Sustainability
An easement is a legal agreement between a landowner and the Jacoby Creek Land Trust that permanently protects the land’s conservation values.
A conservation easement is a flexible land protection tool that allows a landowner to continue to own, pass onto heirs, or sell the land. It is meant to protect the land’s conservation values, but it is also fashioned to meet the financial and personal needs of the landowner. An easement on property containing rare wildlife habitat might prohibit development, while one on a farm might allow continued farming and the building of additional agricultural structures.
Easements can be donated or purchased. Donation of a conservation easement that meets federal tax code requirements can qualify as a tax-deductible charitable donation. For income tax purposes, the value of the donation is the difference between the land’s value with the easement and its value without the easement. Placing an easement on your property may also provide significant savings in property taxes.
Perhaps most important, a conservation easement can be essential for passing land on to the next generation. By removing the land’s development potential, the easement may lower the market value, which in turn can lower estate tax. Whether the easement is donated during life or by will, it can make a critical difference in the heir’s ability to keep the land intact.
Jacoby Creek Land Trust has over twenty years writing conservation easements for landowners in the Northern Humboldt Bay. We work with the willing landowners in a partner relationship to restore the riparian and wildlife habitat, while we support sustainable food and timber production.