Planned Giving

Year End Giving

Retained Life Estate

This diagram represents how to make a gift of a retained life estate - a gift that protects your assets.

How It Works

  • You transfer the title to your residence, farm, or vacation home to Jefferson Health Foundation — New Jersey and live there for the rest of your life.
  • Continue to live in the property or use it for life or a specified term of years, and continue to be responsible for all taxes and upkeep.
  • The property passes to Jefferson Health Foundation — New Jersey 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 Jefferson Health Foundation — New Jersey may jointly decide to sell the property and prorate the sale proceeds.


Planned Giving Welcome Our Legacy Society Meet Our Donors Designate & Donate Contact Us
Ways of Giving Plan-a-Gift Gifts Anyone Can Make Gifts That Pay You Income Gifts That Protect Your Assets
At-a-Glance Compare Gift Plans Goals & Benefits
Personal Planning For Professional Advisors Estate Planning Section Will Planning Wizard Personal Calculators

Kennedy Health & Kennedy Health Alliance (KHA) complies with applicable Federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, or sex. To see our full ACA Section 1557 Notice please CLICK HERE.

The content available on this website is for information purposes only and not intended as medical advice or is it intended to create a patient/physician relationship. The information provided on this website is not a substitue for a consultation with a professional healthcare provider. By using this website, you accept the terms of use.