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Life Estates This type of gift most commonly involves a personal residence or farm. Essentially, the property is deeded to the Medical Center while you retain the right to live on or use the property for the remainder of your life (spouses may be included). You may receive a federal income tax deduction for the present value of the gift. You continue to pay taxes, insurance and maintain the property as if you owned it. Also, you may choose to relinquish the life estate at any time to receive additional tax advantages. A qualified appraisal of the property is required to establish a retained life estate. Our staff can assist you in determining the most beneficial method of supporting the Medical Center, personalized to your needs and wishes. For more information on these or other gift vehicles, call (208) 239-2134 or e-mail shaunm@portmed.org. |
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Planned Giving Will Bequests Revocable Living Trusts Charitable Remainder Trusts Charitable Gift Annuities Charitable Lead Trusts Life Estates Life Insurance Retirement Assets  Back to Foundation |
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