Many of our supporters can't imagine living anywhere else but their current homes. Many would also love to make a major gift to PETA but don't have the means to make such a gift today. If this sounds like you, you may want to consider a charitable giving arrangement called a retained life estate.How It WorksWith a retained life estate, you deed a personal residence or farm to PETA now. You retain the right to occupy the home for life and continue to pay real estate taxes, maintenance fees and insurance on the property. In addition, you can later decide to rent your home or make improvements to it. After your lifetime—and the lifetime of your spouse or another person you choose to retain rights to live in the home—we take possession of the property.
How You Benefit
Example Ellen, 78, a widow, deeds her home to a qualified charitable organization, though she plans to live there for the rest of her life. The fair market value of the property is $200,000 (the house: $160,000, and the land: $40,000). Based on Ellen's age and the value of her house, her accountant determines her income tax deduction to be more than $136,000.1 After Ellen's lifetime, the organization takes possession of the property.
Please contact Tim Enstice at 757-962-8213 or email@example.com with any questions you may have about this way to support PETA.
1Based on a 3 percent charitable midterm federal rate.
Almost all of us grew up eating meat, wearing leather, and going to circuses and zoos. We never considered the impact of these actions on the animals involved. For whatever reason, you are now asking the question: Why should animals have rights? Read more.