
Retained Life Estates
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How it works
 You transfer your residence, farm, or vacation home to the Institute for Justice 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 IJ 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 IJ later.
More
To learn more about retained life estates, Email us, complete the Information Request Form, or call us so that we can assist you.
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