It’s important to consult with a professional advisor, such as a wealth manager, estate planning attorney, and/or accountant to identify which gifting approach best suits your unique circumstances. Disability Rights Center – NH is a tax-exempt 501(c)(3) nonprofit organization. Your contribution is tax-deductible to the extent allowed by law.
Charitable Giving Using Real Estate Donations
There are many ways to support DRC-NH through a real estate donation including:
- Gifting your home while retaining lifetime use: If you want to donate your home to DRC-NH but prefer to continue living in the property during your lifetime, you can accomplish both objectives through a retained life estate. A retained life estate provides you with the exclusive right to use the property for the remainder of your lifetime, even though title to the property irrevocably has been gifted to DRC-NH who will receive it upon your death. The right to live in the property can be defined under a deed or through specific language in a Trust.
- Donate real estate and receive immediate tax benefits: Gifting real estate to DRC -NH by transferring title in property that you have owned for several years but don’t need as part of your financial portfolio may provide an income tax deduction to offset an otherwise high income tax liability.
Contact Us
If You Would Like to Make a Donation
Call Stephanie at 603-228-0432 or visit our donation page make a gift or get more information.