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Advocate Charitable Foundation
Planned Giving Home |
Tip of the Day You you tap one of your biggest assets to make a gift, while protecting your capital and facilitating the move to your next home or a retirement facility. Does your home represent a large proportion of your assets? Will you need to sell it to finance your move to a retirement facility? The charitable bargain sale is a unique gift plan in which we pay you cash for your home -- cash that you can use for the move to your next residence. The purchase price will be less than the home's market value, and that difference will produce a charitable deduction for you. In addition, your capital gains on the sale of the house, if any, are reduced in proportion to the discount you took on the sale price. Read more... , email us, or contact us at 847-384-3435.
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