Find out What to Give and learn about the best assets to make a planned gift. Learn about gifts of cash, securities and property. Learn How to Give and discover gift options that provide tax and income benefits. Discover the best planned gift to meet your goals.
Planned Giving
Impact our organization
today and tomorrow
- Your charitable gift will provide vital support for our projects, activities and goals
- You can enjoy immediate or deferred tax benefits for you and your family
- Your contribution will influence the well-being of others far into the future
Planned Giving
Los Angeles is now called ?The Homeless Capital of America.? We can walk on by and pretend it doesn?t exist. Or we can stop. Acknowledge the
problem. And start taking steps to change lives.
Gift Planning Menu
Life Estate Reserved
You may desire to leave your home or farm to Union Rescue Mission at your death but would also like to receive a current charitable income tax deduction. A life estate reserved might offer the solution you need!
Life Estate Reserved
Home
Life Estate
Life Use
URM
Benefits of a life estate reserved
- Receive a federal income tax deduction for the value of the remainder interest in your home or farm
- Preserve your lifetime use and control of your home or farm
- Create a life estate based on more than one life. This will preserve the use of the property for you and a loved one, such as a spouse or dependent child
How a life estate works
- You deed your home or farm to Union Rescue Mission. The deed will include a provision that gives you the right to use your home or farm for the rest of your life and that of any other life estate party named in the deed.
- You and Union Rescue Mission sign a maintenance, insurance and taxes (MIT) agreement to explain that you will do your best to keep the property in good condition and that you will maintain property insurance and pay the property taxes.
- When the owners of the life estate have passed away, your home or farm will belong to Union Rescue Mission. We will use or sell the property to further our charitable work.
Contact us
To learn more about a life estate, please contact us. We would be happy to assist you and answer your questions.
Gift Options
Find out What to Give and learn about the best assets to make a planned gift. Learn about gifts of cash, securities and property. Learn How to Give and discover gift options that provide tax and income benefits. Discover the best planned gift to meet your goals.