
This allows you to make a gift of your home to a charitable organization now but retain the security of knowing you may live there as long as you wish. There are also annual tax benefits to this arrangement. You continue to take care of the property, pay the taxes, and receive any income it generates. When you are deceased, the property legally becomes the responsibility of the charity and does not pass through your estate.
Join the Goodwill of Greater Washington Legacy Society (PDF)
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