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Support Audubon >Planned Giving
Retained Life Estates
(Living in a Charitable Deduction)
How it works
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You transfer your residence, farm, or vacation home to the National Audubon Society subject to your right to lifetime usage – called a “life estate.”
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You continue to live in the property for life or a specified term of years. You would continue to pay all taxes and upkeep as if you were the fee simple owner.
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The property passes to Audubon when your life estate ends.
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Benefits
- You will be entitled to 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 Audubon later.
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