Life Estate Agreement

How does a Life Estate Agreement work?

Under a Life Estate Agreement, a donor may transfer the title of their home, farm or other property to Bethesda, receive a tax deduction for the full fair market value of the property, while continuing to live at or use the property for the rest of his or her life.

With such an agreement, you, the donor, are entitled to any income the property produces and are responsible for all upkeep and taxes that may apply. Upon your passing, Bethesda will liquidate the property and use the proceeds to fund our ministry.

 

How can I find out more?

For more information on this giving option, contact one of our development representatives or request printed materials on this giving plan online.