When it comes to conservation protection, there are many options you can consider with your chosen conservation partner.
Use the chart below to start identifying potential protection options. Answering the three questions will point you toward options you may want to explore first.
|
Do you still want to own and use your land? |
Do you want financial compensation? |
Do you want tax savings? |
| Land Donation |
No |
No |
Yes |
| Bequest |
Yes |
No |
Limited |
| Land donation with reserved life estate |
Yes |
No |
Yes |
| Bargain sale |
No |
Yes |
Yes |
| Fair market sale |
No |
Yes |
No |
| Conservation easement |
Yes |
Rarely available |
Yes |
This chart lists six protection tools most commonly used by Iowa landowners. There are other methods available that are less common because they apply only to specific circumstances or work best in combination with other options.
Find more questions to ask yourself before considering your options.