Retained Life Estate: Open the Door to Tax Charitable Deductions
Submitted by Durbin Bennett Tax Advisors on April 3rd, 2017A home is a place to rest your head, to create memories, and to cook dinner. It’s where your pets are—your family. What people most often forget about their home is that it’s also your most valuable financial asset. And, if one of your financial goals includes a testamentary gift to charity, while also receiving substantive income tax deductions, this asset is important.