Conservation Easements — The Turner and Glass Cases Analyzed

Wendy Gerzog (Professor of Law, University of Baltimore School of Law) has recently released her article entitled Conservation Easements Under Turner and Glass.

Here is the abstract of this article as published on SSRN:

Both Turner and Glass provide useful commentary on the requirements a taxpayer must satisfy to qualify for a conservation easement charitable deduction or the estate tax conservation easement exclusion. Because of the increased popularity of conservation easements, as well as the heightened IRS examination of these transfers, both cases provide a welcome judicial gloss on this tax benefit.