Amendment requests can be tricky for land trusts as they seek to uphold the easement’s protected purposes and conservation values while avoiding (impermissible) private benefit. This webinar will help you navigate potential minefields involved with amendment decisions. Conservation attorney Jessica Jay and Minnesota Land Trust director Kris Larson will discuss best practices, using the recently revised Amending Conservation Easements: Evolving Practices and Legal Principles and the updated Land Trust Standards and Practices as a guide. Jessica and Kris will cover current issues related to easement amendment and termination from a legal and practical perspective, including the IRS viewpoint, recent tax court cases, statutory law, reporting and documentation. The focus will be on practical advice on how to evaluate and manage risks related to amendment decisions using the new guidance.
Together we will advance change and increase impact for land conservation.