The Libertarian View
A discussion has sprung up at Coyote Blog on some of the recent problems at the Nature Conservancy highlighted here. The post and comments are worth checking out. Thanks for the plug!
posted by Pat Burns | 6:30 PM
2 Comments:
Here's a newbie question -- I hope it's ok to tack it on to the latest blog entry.
I'd like to do a deed restriction or conservation easement on my land, or donate it with life estate, but it might be quite a project to find an established 'land trust' I'd feel comfortable living with, so to speak. I know a 'family trust' can be created by a few individuals to manage their own family land. Can the same sort of thing be done here?
Nokomis
Nokomis..
That is one for a lawyer. My suggestion would be to contact a trust near you. They can probably suggest a lawyer who specializes in easements. Go to www.lta.org for a list of trusts in your state. I do know that the recent congressional hearings are making it more likely that "family trusts" won't be sufficient, and that to be tax deductible, it will have to be left with a land trust that has protecting land as its primary purpose for being. Check out the trusts, you may be happily surprised!
-Pat
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