Westchester Land Trust believes that open spaces and diverse landscapes are central aspects of the quality of life in our community, and a fundamental reason we live here. Our conservation efforts have a positive impact on the long term health of these communities through the protection of air and water quality, food supply and critical habitats. WLT works together with public and private partners to preserve land in perpetuity through the donation of property, fee acquisition, or use of legal instruments called conservation easements. When WLT acquires a property through donation or fee acquisition, it typically becomes a preserve open to the public.
There are a number of tax incentives for the donation of land to a conservation organization such as WLT including:
- Deductions to federal and/or state income taxes
- Relief from town real estate taxes
- Reduction in the size of a taxable probate estate
Because everyone’s situation is different, you should consult your professional tax advisor for more information about these incentives.
If you are interested in discussing how you can donate land to WLT, please contact John Baker, Land Conservation Projects Manager, at 914.234.6992 ext 25.