Depending on the circumstances that are involved, gifts of real estate can be an effective means of planning a gift. Much of the individual wealth in America is invested in real estate. While the first thought often is a home or farm, real estate also can involve a vacation or second home, an apartment or commercial building, a shopping center, or undeveloped land. Many ways exist to donate property. It can be an outright gift, a retained life estate, or placed in a trust (such as a charitable remainder trust below). For more information please schedule a free consult with GRMC’s planned giving consultant.
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