Land Donation

An outright donation of land to GRLT releases you from the responsibility of managing the land and can provide substantial income tax deductions and estate tax benefits. Most important, if the land is donated because of its conservation value, it will be protected.

Donating a remainder interest in land. An outright donation is not the only way to give land. You can continue to live on the land by donating a remainder interest and retaining a reserved life estate. In this arrangement, you donate the property during your lifetime, but reserve the right for yourself or other named persons to continue to live on and use the property. You have donated to GRLT a "remainder interest" in the property. When you or those you've specified pass away or release their life interests, GRLT will have full title over the property. With this option, you can continue to enjoy your land and may be eligible for an income tax deduction when the gift is made.

Donating land by will. If you want to own and control your land during your lifetime, but assure its protection after your death, you can donate it by will. 

Land donations that establish a life income. If you have land you would like to protect by donating it to GRLT, but need to recieve income during your lifetime, you might use a charitable gift annuity. In a charitable gift annuity, you agree to transfer certain property to a charity, and the charity agrees to make regular annuity payments to one or two beneficiaries you specify for life. Your gift of land may be eligible for an income tax deduction when the gift is made.