Gifts of a Farm or Ranch
Your Land is Your Legacy
The story is a familiar one. A farmer faces retirement with concerns about her future. Her farm is in an area that is rapidly being paved over by development. Unfortunately, her land’s real estate value is higher than other farmers can afford. She feels that her only option is to sell to the highest bidder but laments the loss of the farm to development and the large capital gains taxes that will be due if she sells.
But it doesn’t have to be that way. Your gift of a family farm to American Farmland Trust will ensure its protection and availability for farming while supporting AFT’s work long into the future.
AFT will protect your land with an agricultural conservation easement, preventing future development and keeping the land available for agriculture. Once the property is sold subject to the easement, AFT will apply the proceeds to our programs to secure future farming opportunities across the country.
A gift of farm real estate to AFT can be made outright during your lifetime, in your will, as retained life estate and through various annuity or trust agreements allowing you to continue living on the farm. AFT advisors are available to craft the best approach for you, your family, your land and your legacy.
For more information please contact:
Farmland Information Center
American Farmland Trust
1 Short Street
Northampton, MA 01060
P: (413) 586-9330, ext. 16