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Support Audubon >Planned Giving
Retained Life Estates
(Gift example*)
You have always loved your home and have no plans to move from it. It has appreciated significantly since you bought it, and today it is the largest asset in your estate. You are considering making a bequest to Audubon in your will, but would love to earn a current income tax deduction rather than leaving the deduction to your estate.
You decide to donate your house to us, retaining lifetime use for yourself and your spouse. You have secured an independent appraisal stating that your house is worth $250,000. The mortgage has been paid off.
Here are the benefits of this gift:
Husband and Wife, 70 and 68
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Asset Value
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$250,000
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Charitable Deduction
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$98,000
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Click here to calculate the benefits a retained life estate would give you.
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*This example is based on a factor that changes monthly. Contact our office for a personal illustration based on the latest rates.
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For more information
Email us, complete the personal illustration form, or call us at 212-979-3033 so that we can assist you through every step of the process.
Planned Giving content and Legacy Planner® copyrighted © 2009 VirtualGiving.
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