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Retained Life Estate

 


How It Works

  • You transfer the title to your residence, farm, or vacation home to The White House Historical Association and live there for the rest of your life.
  • Continue to live in the property for life or a specified term of years, and continue to be responsible for all taxes and upkeep.
  • The property passes to WHHA when your life estate ends.

Benefits

  • You can give us a significant asset but retain the security of using your property for the rest of your life.
  • You receive an immediate income tax deduction for a portion of the appraised value of your property.
  • You can terminate your life estate at any time and may receive an additional income tax deduction OR you and WHHA may jointly decide to sell the property and prorate the sale proceeds.


The material presented on this Planned Giving website is not offered as legal or tax advice.
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Contact Us

Planning your estate and legacy for future generations, including your charitable interests, takes careful evaluation. Consulting with the appropriate professionals can assist you.

Chandler Battaile, Associate Vice President, Development
cbattaile@whha.org
202-819-0164