Real Estate / Retained Life Estate
You may gift your personal residence to New Beginnings Incorporation and retain the right to live there for the remainder of your life. You would receive an immediate tax deduction, but would continue to maintain the property and pay taxes and even receive any income it may generate. At your death NBI could use or sell the property.
Life Insurance Gifts
A direct and simple way to make a planned gift would be to name New Beginnings Incorporation as the beneficiary to receive all or a portion of the proceeds of a life insurance policy. This method may also offer tax advantages; these vary state from state.
Life Insurance Gifts
A direct and simple way to make a planned gift would be to name New Beginnings Incorporation as the beneficiary to receive all or a portion of the proceeds of a life insurance policy. This method may also offer tax advantages; these vary state from state.