Gift of Personal Residence or Farm with Retained Life Estate

Gift of Personal Residence or Farm with Retained Life Estate Diagram. Description of image is listed below.

How It Works

  1. Transfer title to personal residence or farm to TrueNorth
  2. No change in your lifestyle—you (and spouse) occupy and enjoy residence or farm for life
  3. TrueNorth keeps or sells property after your death(s)

Benefits

  • No out-of-pocket cost for substantial gift to TrueNorth
  • Federal income-tax deduction for remainder value of your residence or farm
  • You (and spouse) can occupy residence for life

 

Contact Us

Bev Cassidy
President and CEO
Office: 231-924-0641
bcassidy@truenorthservices.org

TrueNorth Community Services
6308 S. Warner Avenue, PO Box 149
Fremont, MI 49412

Federal Tax ID Number: 38-6158533

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