RETAINED LIFE ESTATE
Benefits
Transfer title to your personal residence now, while retaining the
right to live in or use it for the rest of your life or another’s life. Upon
the death(s) of the life tenant(s), title to the property vests in EFSC
and any subsequent sale proceeds will be applied to the purpose you
designate.
You receive an immediate income tax deduction based on the fair
market value less the present value of the retained life estate.
How it works
Transfer future
interest in your home
EFSC receives your home
upon your passing
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