Give Your Home, But Live There for Life: Is This Gift Right for You?
A retained life estate works for PETA supporters who would like to use their homes to support our mission but continue living there for life. Review this checklist to help you further determine whether this way to give works well for you.
Profile of a Giver
- You want to make a major gift to PETA after your lifetime.
- You enjoy living in your home and envision living there for the rest of your life.
- You’re happy to retain many of the rights and responsibilities of homeownership (maintenance, insurance, property taxes, etc.) and feel comfortable deeding us your home today.
- You want immediate income tax relief.
Punching the Numbers
The amount of your income tax deduction depends, in part, on the value of the property and your age (and the age of any other person given life use). Your tax professional can help you determine what your benefit will be.
|Calculate your possible benefits for arranging a retained life estate with us.|
We Can Help
Contact Tim Enstice at 757-962-8213 or email@example.com with any questions about establishing a retained life estate with PETA. We’re happy to help, without obligation.