Latest / The High Net Worth Podcast with Fexingo: Wealth Management, Tax Strategy, and Affluent Finance
How Ultra-Wealthy Families Use Conservation Easements for Tax Savings
Episode 132 of The High Net Worth Podcast explores how wealthy families use conservation easements to generate significant tax deductions while preserving land. Lucas and Luna break down the mechanics, using the example of a family in Colorado that placed 500 acres of ranchland into a perpetual easement, generating a $12 million charitable deduction that offset capital gains from a business sale. They discuss the 50 percent adjusted gross income limitation, the five-year carryforward rule, and the strict appraisal and documentation requirements from the IRS. The hosts also cover the risks of…
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