PRESERVING FAMILY LANDS (now retitled PRESERVING FAMILY LANDS: BOOK I) -- ESSENTIAL TAX STRATEGIES FOR THE LANDOWNER (THIRD EDITION, REVISED IN 1998)
PRESERVING FAMILY LANDS is the original landowner's introduction to basic tax issues and other considerations. The message of PRESERVING FAMILY LANDS is simple: if you have land you love, you may have an estate tax problem. The land may have become so valuable it may have to be sold to pay the estate tax.
This is the updated third edition of this important book, now retitled PRESERVING FAMILY LANDS: BOOK I and revised in 1998 to include the new estate tax provisions and land protection incentives included in the Taxpayer Relief Act of 1997.
In addition to this new material, PRESERVING FAMILY LANDS still includes:
-an introduction to conservation easements
- an introduction to the income and estate tax benefits available for donations of conservation easements and the estate and gift tax rules
- gifts by will and gifts of remainder interests
- appraisal issues and information about potential donee organizations
- what you need to know to get started
If you haven't read PRESERVING FAMILY LANDS you should. It's the first book in the series.
Stephen J. Small is a tax attorney at his own firm, the Law Office of Stephen J. Small, Esq., P.C, in Boston. He is the author of The Federal Tax Law of Conservation Easements (Land Trust Alliance, 1985); Preserving Family Lands: Book I (third edition, Landowner Planning Center, 1998); and Preserving Family Lands: Book II -- More Planning Strategies for the Future (Landowner Planning Center, 1997). Both Preserving Family Lands books have sold more than 90,000 copies.
Before going into private practice, Mr. Small was an attorney-advisor in the Office of Chief Counsel of the Internal Revenue Service in Washington, D.C., where he wrote the federal income tax regulations on conservation easements.
Mr. Small advises landowners on federal income and estate tax planning to help preserve valued family land, including planning for the next generation of ownership. He has worked with private landowners around the country to preserve a wide range of property, from small family parcels, timberland, and dairy farms to western ranches, Atlantic coast barrier islands, farmland, and wildlife habitat.
Mr. Small has given more than one hundred fifty speeches, seminars, and workshops around the country on tax planning for landowners, succession planning for family lands, and tax incentives for land conservation. He is a member of the Massachusetts and District of Columbia Bars.
