How it works

	You transfer your residence, farm, or vacation home to Salisbury School subject to a life estate.
	You continue to live in the property for life or a specified term of years, while continuing to be responsible for all taxes and upkeep.
	The property passes to Salisbury when your life estate ends.

Benefits

• You receive gift credit and an immediate income tax deduction for a portion of the appraised value of your property.
• You can terminate your life estate at any time and take an additional income tax deduction.
• You can have the satisfaction of making a significant gift now that benefits Salisbury later.
  

More

• Is this gift for you? Click here.
• Read more detail. Click here.

To learn more about Retained Life Estates, Email us, complete the Information Request form, or call us at (860) 435-5703 so that we can assist you.