A longtime landowner approached their advisor with a personal challenge: how could they ensure their property supported meaningful causes beyond their lifetime? The land had been in the family for generations. It carried historical and emotional value and had appreciated substantially. With no heirs to inherit it, the client wanted a plan that balanced immediate giving, long-term legacy, and financial security.

Together, the advisor and The Dallas Foundation explored estate planning strategies that would reduce taxes, provide income, and protect the land’s integrity.

The Challenge

Selling the property outright would trigger significant capital gains taxes. The client also had no family to steward the land. They wanted to give during life, retain some income, and ensure the land would be used thoughtfully—not sold to the highest bidder.

The Solution

The team developed a phased plan tailored to the client’s needs. They gifted parcels of land to The Dallas Foundation through charitable deeds. The client sold a portion directly to generate income. For the remaining land, the Foundation created a staged sales plan. Buyers were carefully vetted to align with the client’s values.

Throughout the process, the client stayed actively involved. The Dallas Foundation maintained close contact, honored the donor’s wishes, and provided guidance on taxes and estate planning.

The Outcome

This estate planning strategy achieved multiple goals:

• The client received favorable tax treatment and a reliable income stream.

• They stayed involved in the land’s charitable use.

• They created a philanthropic legacy that reflects personal values and ensures lasting impact.

By partnering with advisors, The Dallas Foundation helps clients turn complex assets into strategic giving opportunities. Estate planning transformed a treasured property into a tool for meaningful, long-term philanthropy—benefiting both the client and the causes they care about.