How it works
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You transfer your residence, farm, or vacation home to The Nature Conservancy subject to a life estate. |
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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. |
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The property passes to The Nature Conservancy 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 have the satisfaction of making a significant gift now that benefits The Nature Conservancy later.
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In three easy steps, My Real Estate Gift Guide can help you find a real estate gift tailored to your personal situation.
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