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Phone: 1-800-426-5753
Fax: 1-253-815-3174
plannedgiving@worldvision.org
Paula Schubert
Gift Planning Relationship Manager
1-888-701-4438 or 916-740-3240
advisors@worldvision.org
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Life Estate Reserved

You may desire to leave your home or farm to World Vision at your death, but would like to receive a current charitable tax deduction.

A life estate reserved might offer the solution you need!

Life Estate Reserved
Home
Life Estate
Life Use for you and/or your loved one
World Vision

How a Life Estate Works

  1. You deed your home, vacation home or farm to World Vision.
  2. You retain the right to use the property for the rest of your life or for another period of time you determine.
  3. You can also retain the right to rent it or allow a survivor to enjoy occupancy for life.
  4. After the lifetime of the last person entitled to use of the property, it is sold and the proceeds are used by World Vision in its ministry work around the world.

Benefits

  • Receive a charitable income tax deduction for the present value of the remainder interest in your home, farm or other property.
  • Preserve your lifetime use - use and control the home or farm while you are alive.
  • Make a significant gift to World Vision.
  • Help bring hope and healing to children after your lifetime.

Life Estate Details

  • The life estate can last for your life or your life and another person's life.
  • You can also donate a partial interest in property (e.g. a second home, vacation home, or condominium) that you don't occupy or use year round.
  • The amount of your tax deduction depends on the value of the property, whether you donate a full or partial interest, your age and/or the age of any other individual given use for life or some other time period, and other factors determined by the IRS.
  • It is possible for you to make a gift of your property even though there is a mortgage upon the residence.
  • You are responsible for the maintenance, insurance and taxes on the property while you retain the right to use the property.

Note: As with all gifts of real estate, World Vision must review and approve the transfer.

Contact Us for More Information

If you have any questions about making a life estate reserved, please click here to send us an email or call 1.800.426.5753.

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