Document / Web Link

Legal Defense Reserves Calculator

Posted 2019
Source
Land Trust Alliance
About This Web Link

The current version of the calculator (2019) is only available online through the Terrafirma website. To access, log in with the same email and password you use for the Resource Center.

How can your land trust ensure it has an adequate legal defense reserve to protect your preserves and conservation easements?

It is now easier than ever before to calculate your reserve number using the Legal Defense Reserves Calculator.

This interactive tool is designed to:

  • Calculate minimum reserve levels tailored for a specific situation — the Land Trust Alliance worked with independent actuaries to construct the calculator using actuarial analysis and data collected from hundreds of land trusts across the nation, building upon previous studies of basic thresholds for defense funding. The results are tailored by land trust history, holdings, age, state and size.

  • Give your supporters the information and confidence they want to donate the funds you need to save more land.

  • Help your land trust survive significant legal challenges or a series of challenges.

  • Uphold Land Trust Standards and Practices, which require land trusts to determine the long-term stewardship and enforcement expenses and to secure adequate funds to cover those costs.