Retained Life Estate
Donate your property to support our mission while maintaining residence during your lifetime.
Your Gift of Real Estate Can Provide Immediate Tax Advantages
You can make a gift of real estate to the American Heart Association, while retaining the right to live in and/or use the property for your lifetime. This allows you to enjoy tax benefits during your lifetime and create a legacy with your gift.
Benefits
- You may receive an immediate income tax deduction for a portion of the appraised value of your property.
- Continue to live in or use your property during your lifetime.
How It Works
- Transfer ownership of real estate to the American Heart Association while continuing to live in and/or use the property for the rest of your life.
- You continue to pay real estate taxes, maintenance fees, and insurance on the property.
- The proceeds on the sale of the property after your life tenancy terminates funds our lifesaving mission.
For More Information
If you are interested in learning more about a gift of retained life estate, please contact us at 888-227-5242 or [email protected].