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

Topics

Model Documents
- Model Real Estate Documents (excluding easements)
- Model Conservation Easements
- Model Access Easements
- Model Supporting Documents to Easement Transactions
- Models Specific to Local Government
- Model Policies
- Other Models
Land Use Ordinances & Development Standards
- Farmland Preservation
- Conservation by Design
  - Conservation by Design Case Studies
- Floodplain Regulations
- Historic Preservation test
- Historic Preservation
  - Historic Preservation Ordinances
- Outdoor Lighting and Dark Skies
  - Lighting Ordinances
- Official Map
- Public (Mandatory) Dedication and Fees-in-Lieu Ordinances
- Riparian Buffer Protection Ordinances
- Sign Ordinances
- Steep Slopes
  - Sample Steep Slope Ordinances
- Stormwater Management
- Timber Harvest Ordinances
- Traditional Neighborhood Development
- Transportation Design
  - Traffic Calming
  - Complete Streets
- Transfer of Development Rights
- Tree Ordinances and Commissions
- Weed and Property Maintenance Ordinances
- Zoning for Solar and Wind Systems
  - Model Solar and Wind Ordinances
  - Sample Solar and Wind Ordinances
- Other Land Use Ordinances
- New node
Land Use Planning & Community Visioning
- Build Out Analysis
- Comprehensive Plans
- Design and Vision
- Development Threat Analysis
- Land Use and Growth Management
- Recreation, Park and Open Space Plans
  - State Comprehensive Outdoor Recreation Plan
- Technological Tools for Land Use Planning
- Urban Growth Boundaries
Environmental Advisory Councils
- EAC Bylaws
- EAC Ordinances and Resolutions
- EAC Fundraising
- EAC Meeting Agendas and Minutes
- EAC Annual Reports
- EAC Outreach and Education Materials
- EAC Network Conference Archive
Acquisition of Land & Easements
- Appraisals
- Conservation Easements
- Deed Restrictions
- Doing Deals
- Farmland Preservation
- Mortgage Subordination and Non-Disturbance Agreements
- Negotiation
- Strategic Conservation Planning
- Survey and GPS
- Trail and Public Access Easements
- Prioritization Guidance
- Project Ranking Systems
- Donated Land
- Purchasing Land
Financing Conservation & Fundraising in General
- Conservation Finance (Multiple Topic Guides)
- Stewardship Funding Arrangements
- Loans
- Public Open Space Programs and Ballot Campaigns
- Public Funding Programs
- Fundraising
  - Planned Giving
- Restricted Gifts
- Gift Acceptance and Solicitation Policies
- Compensating Development Professionals
Defending Conservation
Outdoor Recreation, Parks, & Trails
- Permits
- Nature Play
  - David Sobel's Books
- Municipal Parks and Recreation
- Trails
  - Other Power-Driven Mobility Devices
- Public Access and Land Trusts
Stewardship of the Land
- Converting Lawn to Meadow
- Invasive Species
- Habitat and Wildlife Management
  - Prescribed Fire
    - Conducting Prescribed Fires
- Native Plant Species
  - Floristic Quality Assessments
- Renewable Energy Siting and Design
- Riparian Buffer
- Stewardship of Eased Lands
- Stewardship of Fee-Owned Lands
- Forest Stewardship
- Community Gardens
- Green Burials/Cemeteries
Case for Conservation
- Economic Benefits of Conservation
- Health Benefits of Conservation
  - Nature Therapy for Veterans
- Environmental Benefits of Conservation
  - Environmental Benefits of Biodiversity
  - Environmental Benefits of Water Quality
- Economic Impacts of Sprawl and Smart Growth
  - Conducting Cost of Community Service Studies
- Study Summaries
- XXXX
- Fact Sheets
- Public Opinion Surveys and Polls
- Stories Highlighting the Benefits of Conservation
Introduction to Land Trusts & Their Work
- Pennsylvania Land Trust Census Reports
Taxes
- Property Tax Exemption
- Preferential Assessment (Clean & Green)
- Internal Revenue Service Guidance
- Federal Tax Law
The Law
- Audits
- Case Law Review by Frone Crawford, Jr.
- Eminent Domain and Takings
- Federal Law (non-tax)
- New Jersey Law
- Pennsylvania Constitution/Environmental Rights Amendment
- Pennsylvania Statutes
- Pennsylvania Code
- Pennsylvania Case Law
- Public Trust Doctrine
- SLAPP
Landowner Resources
- Government Incentives
- Landowner Guides
Non-Regulatory Government Options
- General Resources for Government
Climate Change & Conservation
Organizational Operations & Management
- Advocacy and Lobbying
- Bylaws
- Collaboration and Mergers
- Communications
- Diversity, Equity, and Inclusion
- Ethics
- Investing
- Land Trust Standards and Practices
- Nonprofit Leadership
- Nonprofit Name Change
- Recordkeeping
- Reducing Liability
- Strategic Plans/Work Plans
- Succession Planning
- Nonprofit Volunteers and Interns
Natural Gas
- June 2008 Conference Presentations
- Natural Gas Guidance
- Natural Gas Leases
- Natural Gas Websites and Blogs
Public Policy
- Working Papers
- State Conservation Tax Credits
Education & Communication
- Curricula
- Issue Advocacy
- Language of Conservation
- Outreach Programs
- Social Networking
- Effective Storytelling
Print Editions of WeConservePA Guides
Miscellaneous
- Kittatinny Municipal Resources
- Webinar & Meeting Recordings
- Archive of Old Editions
- Miscellaneous miscellaneous
Water Resources
- Green Infrastructure
- Agricultural BMPs
- CREP and Riparian Buffers

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 Editions of WeConservePA Guides

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