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Conservation Easements: A Useful Tool for Farm Transition and Estate Planning

Lori Lynch and, Paul Goeringer (October, 2016)

Summary

This fact sheet presents several ways agricultural land preservation may be an estate planning tool for your farm family. Agricultural land preservation may assist you in avoiding certain tax burdens and enable you to pass on your farm intact. Before deciding on preservation, however, you and your family need to set goals for your individual needs and desires. You also need to determine your net worth. Once you have completed these activities, you can determine the best planning strategy to achieve your stated goals.