Retained Life Estates CLICK HERE FOR A DETAILED EXPLANATION How it works  | You transfer your residence, farm, or vacation home to Sansum Diabetes Research Institute 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 SDRI 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 SDRI later.
More To learn more about retained life estates, Email us, complete the Information Request Form, or call us at (805) 682-7638 so that we can assist you. |
