Real Estate Gifts
Scripps has a long and robust history of accepting all types of real estate gifts, whether as an outright donation, an asset to fund a charitable trust or a charitable annuity. If you have highly appreciated real estate, or are tired of the work and cost of maintenance of your property, here are some of the charitable options.
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Bargain SaleScripps purchases your property for less than fair market value. You receive cash and a charitable deduction for the difference between the market value and purchase price.
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Sale and UnitrustYou give a portion of your property to Scripps to fund a charitable remainder trust. When the property sells, you receive cash and income for life.
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Life Estate ReservedYou give your property to Scripps, but retain the right to use the property during your life. In some cases, Scripps may be able to offer you a charitable gift annuity for a portion of your Life Estate Reserved, helping you remain in your home.
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