Gifts of Real Estate Make a Lasting Impact
Do you own real estate you no longer use or that has become a burden? Is it time to make a decision about what to do with the property?
Owning real estate can be a rewarding experience, but, as circumstances change, you may be faced with difficult decisions. What do you do when a once-cherished summer home becomes too costly to maintain or too far to visit? Or, you may be planning to move and cannot decide what to do with your current home. There are solutions to these issues — solutions that benefit you and lifelong learning.
These Benefits Can Include:
The satisfaction of donating your property outright to an organization your value
Creating a lifetime income stream in exchange for your gift
Capital gains, income and estate tax benefits
Things to Know about Gifts of Real Estate
Do you have real estate that you think would make a good gift to Elderhostel? Here are some tips that might help you as you consider your gift.
Gifts of real estate take time so plan ahead.
Real estate that makes a good charitable gift usually has a market value of $250,000 or more.
You can make a gift of your home or farm and continue to live there.
When making a gift of real estate it will be important to consult your own personal attorney.
Elderhostel staff are available to help you plan and make your gift.
Click here to learn about the different ways in which you can make gifts of real estate to support lifelong learning and Elderhostel.
Call the Major & Leadership Giving staff toll-free at (877) 737-0664 to have an exploratory conversation about whether to donate real estate to Elderhostel.
For more information on making a gift of real estate, call Ann Lamond, Senior Leadership and Planned Giving Officer, toll-free at (877) 737-0664, or email at email@example.com