Carefully reviewing your family’s desires and circumstances will help you to select the most appropriate means of conservation. One answer should become clear: if you care about your land and want to pass it on to the next generation, you need to protect it.
- your land conservation goals;
- your family’s needs and wishes;
- your property’s special features; and
- your financial situation.
Which conservation method you choose will depend not only on your vision for the land but on its notable features. If your land provides rare habitat, for example, you may want to consider a highly protective conservation plan; whereas on a working farm, forest or homestead, you may want to encourage traditional uses.
A conservation strategy tailored to the landowners’ needs and their property’s special features may draw on one or more techniques found on this site. For example, a conservation easement can be used to complement a bargain sale (at a price below fair market value) or a land donation. Combining techniques provides greater flexibility but may make transactions more complex, requiring the skills of experienced advisors. Depending on your particular situation, you may need the services of an appraiser, surveyor, land use planner or accountant.
As you plan for your property’s future, you will want to consult an attorney and a nonprofit land trust. A local land trust such as Kittery Land Trust can help you review options and locate the resources needed to protect your land. Contact us.
*information presented here courtesy of Maine Coast Heritage Trust.