Gift of a Future Interest in Real Estate: Reserved Life Estates Keep Owners in Control During Their Lifetimes : ConservationTools

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Landowners can convey a future interest in real property to a conservation organization or government but continue to live on or otherwise enjoy using the property during their lifetimes. If the property is a personal residence or a farm, a donation of a future interest can generate immediate tax benefits. WeConservePA guide. 8 pages.

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G_Gift_Future_Interest_Reserved_Life_Estate_230217.pdf
(pdf, 296.0 kb)

Year: 2023

Author(s): Patricia L. Pregmon and Andrew M. Loza

Organization/Source: WeConservePA (formerly Pennsylvania Land Trust Association)

Topic tags: Doing Deals, Gift Acceptance and Solicitation Policies, Strategic Conservation Planning, and Print Versions of ConservationTools.org Guides

This guide was first published in 2009 with subsequent editions published in 2015 and 2023.

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Last modified by Andy Loza