Benefits of Gifting Your Home
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Transcript of Benefits of Gifting Your Home
Gifts of Home
Please contact your FHSU Foundation to learn more.
http://foundation.fhsu.edu | 785.628.5620 | www.fhsugift.org
Did you know that you could earn an income and receive a charitable deduction by gifting your home, or vacation residence, to Fort Hays State University?
TAX-FREE SALE WITH A TRUST Your home is sold tax-free and you receive income for the rest of your life.
UP-FRONT CASH PLUS A TRUST If the unitrust appeals to you and you need up-front cash at the time of the transfer, perhaps considering a sale or unitrust can buy your next home.
SAVE ON TAXES & STAY IN YOUR HOME If you want to continue living in your home and do not need additional income, then a life estate reserved could offer you tax savings and be the perfect plan for you.
Here are a few different options for you to consider: