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Retained Life Estate
How it works
You transfer
your residence, farm, or vacation home to National Breast Cancer Foundation, Inc. subject
to a life estate.
You continue
to live in the property for life or a specified term of years,
while continuing to be responsible for all taxes and upkeep.
The property
passes to NBCF when your life estate
ends.
Benefits
- You receive gift credit and an immediate income tax deduction for a portion of the appraised value of your property.
- You can terminate your life estate at any time and take an additional income tax deduction.
- You can have the satisfaction of making a significant gift now that benefits NBCF later.
For more information
Email us, complete the personal illustration form, or call us at (972) 248-9200 so that we can assist you through every step of the process.