A brief path through the woods leads to an open, sun-drenched field full of wildflowers. Past a tumble-down stone wall, more) woods, and paths, await. Beyond the fields' perimeters are the palatial homes that inhabit this well-to-do section of Fairfield, Connecticut--groomed lawns stretching like golf courses; manicured bushes like so many puffs of a poodle's tail. Even on the preserved paths of this section of the Aspetuck Land Trust, one can hear the rush of highway traffic just ahead. But in an area of the country given to giant homes and crowded condo complexes, these 14 acres of woods, wetlands and fields are preserved because in the 1980s their former owner, Ernest Tillman, thought they were worth saving. "We preserve land for three primary reasons," says Aspetuck Land Trust Executive Director Bruce LePage, "for passive recreation, for habitat and to preserve rural characteristics and scenic views."
In total, the Aspetuck Land Trust is protecting 1,700 acres of Connecticut land from future development.
"For a flat-out donation, there's a very good tax allowance," says Culver Modisette, the president of the Northern Connecticut Land Trust.
Groomed trails open to the public are one indication that land has been donated outright to a nonprofit land trust, or bought by the land trust through federal and private donations. Many more land owners will opt for "conservation easements," in which owners transfer any future development rights to a land trust but are able to keep the property private. Terms of the agreement vary considerably. A certain number of homes may be allowed on site, and larger parcels can be subdivided and sold separately, in which case the easement applies to all the smaller lots. Farmers may continue to farm the land, and hunting or other activities may be allowed.
The owner receives the percentage of the appraised value of the land equal to the cost of the development rights (from 40 to 60 percent), either in cash or tax deductions, and keeps the property. The land trust sends monitors once or twice a year. In either case, the land is preserved in perpetuity and the agreement is binding on future owners.
When the value of land soars, the landowner...