Doing nothing to protect it may doom your land to development. Estate taxes are one reason.
Land trusts are experts at helping landowners find ways to protect their land.
Here are a few of the options open to you. A legal agreement between a landowner and a land trust or government agency that permanently protects land while the landowner continues to own it. Donating the easement can result in reduced income tax and estate tax. Land Donation Donating conservation land to a land trust is a wonderful way to share its beauty with future generations. The donation can even be set up in a way that allows you to continue to live on the land or to receive a life income.