Appraising Conservation Easement Donations: The Need for More Uniform Standards and Greater Oversight
Editors' Summary: Standardized appraisal methods for charitable contributions of conservation easement donations do not currently exist. Without such standards, landowners may potentially overvalue their donations of conservation easements to land trusts. The Internal Revenue Service (IRS) has recognized this abuse of the tax laws and has threatened to severely limit or eliminate the charitable contribution deduction program for conservation easements. In this Article, Jessica A.