|
|
Protect Your Land - Land Protection AgreementsLandowners who choose to protect their land with a conservation easement continue owning and enjoying the use of their land. Landowners retain the right to sell, lease, or pass on their land to heirs. Landowners continue their responsible forestry and farming activities as well. The specific terms of a land protection agreement is negotiated between a landowner and a land trust. The terms of the agreements are written to meet the personal and financial goals of the landowner while protecting the property’s conservation values. A land protection agreement comes with a stewardship commitment from the Baraboo Range Preservation Association. Baraboo Range Preservation Association is responsible for assuring that future owners honor the terms of the land protection agreement. A conservation easement donation that meets federal and state 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. This value is determined by a qualified appraisal. A land protection agreement can also be an important tools for passing land on to the next generation. By removing or limiting the land’s development potential, the easement lowers the land’s market value, which it turn may lower estate taxes. Whether the easement is donated during life or by will, it can make a critical difference in your heirs’ ability to keep the land intact. Landowners also use conservation easements to reduce family disputes about family lands while protecting the family’s investment of hard work, money, and love for their land. The Baraboo Range Preservation Association has been honored to complete land protection agreements with 10 landowners covering nearly 1,250 acres of important forestland, farmland, streams, wetlands, bluffs, and other natural areas. Baraboo Range Preservation Association is currently negotiating land protection agreements with 8 landowners covering over 1,180 acres of important natural areas and resources. If you are interested in leaving a legacy of land stewardship to your family, community, and future generations, please contact David Wernecke at 608-355-7512 to discuss a land protection agreement with the Baraboo Range Preservation Association.
|
|
|
|
|
Baraboo Range Preservation
Association
|
