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Planned and Estate Gifts - Delaware
County Memorial Hospital

 
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Retained Life Estate

RLE Diagram
Delco Memorial Foundation

How it Works

  • You transfer your residence, farm, or vacation home to Delco Memorial Foundation subject to a life estate.
  • You 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 Delco Memorial Foundation when your life estate ends.

Benefits

  • You can give us a significant asset, but retain the security of using it 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.

Next: Tell me more...

Please contact us so that we can assist you through every step of the process.


The material presented on this website is not offered as legal or tax advice.
Read full disclaimer | Planned Giving Content © 2010 VirtualGiving

Delco Memorial Foundation
Planned Giving
 


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© 2010 Crozer-Keystone Health System.  Your use of this Web site means that you have read and accept our terms of use with disclaimer. Please read our privacy policy.  The Web site for Crozer-Keystone Health System, its content, and programs are provided for informational and educational purposes only and are not intended as medical advice nor are they intended to create a physician-patient or provider-patient relationship.  This information should not substitute for a visit or consultation with a physician or other health care provider.  The views or opinions expressed in the resources provided on this Web site do not necessarily reflect those of Crozer-Keystone Health System or its staff.