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Gift of Personal Residence or Farm with Retained Life Estate

Gift of Personal Residence or Farm with Retained Life Estate Diagram

How It Works

  1. Transfer title to personal residence or farm to The Community House Foundation
  2. No change in your lifestyle—you (and spouse) occupy and enjoy residence or farm for life
  3. The Community House Foundation keeps or sells property after your death(s)

Benefits

  • No out-of-pocket cost for substantial gift to The Community House Foundation
  • Federal income-tax deduction for remainder value of your residence or farm
  • You (and spouse) can occupy residence for life

More Information

Contact Us

Chris Smude
Vice President
248.554.6597
csmude@communityhousefoundation.org

 

The Community House Foundation
380 South Bates Street, Suite 232
Birmingham, MI 48009

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