Planned Giving: Retained Life Estates Illustration
How it works
You transfer your residence, farm, or vacation home to Physicians Committee for Responsible Medicine 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 PCRM when your life estate ends.
- 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 have the satisfaction of making a significant gift now that benefits PCRM later.
For more information
E-mail us, complete the personal illustration form, or call us at 202-686-2210, ext. 366, so that we can assist you through every step of the process.
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