Real Estate

Donating real estate can help you receive immediate tax savings, and under certain circumstances, avoid capital gains tax, as well as provide an important gift to the Garden. A gift of your home—especially a second or vacation home—may be an excellent financial strategy to consider. You can enjoy the satisfaction of providing this gift during your lifetime, without affecting your current lifestyle, by a special arrangement called a retained life estate. As the creator of a retained life estate, you irrevocably deed your home to the Garden, but retain the right to live in the home for the rest of your life, a term of years, or a combination of the two.

For more information, please contact the Office of Planned Giving at 718.817.8545 or via e-mail. There is no obligation, and all information will remain confidential.

For your convenience, the Gift Illustrator Tool computes anonymously your own life-income and tax benefit reports. The information will neither be saved nor used by the Garden and is for discussion purposes only with family and legal or financial counsel.