1. You deed your home or second home to [pgm_charshort].
2. You receive a generous income tax deduction and pay no capital gains tax.
3. You retain the right to live in your home for life or a term of years.  You remain responsible for upkeep, taxes, and other expenses during this time.
4. When the life estate ends, your home passes to [pgm_charshort]. Ordinarily, we would then sell the property. You may designate how we use the proceeds.

This diagram shows the benefits if you give your [pgm_homeorfarm] that is worth [pgm_prin] and retain the right to [pgm_liveinoruse] it [pgm_duration].

In addition to providing generous support to [pgm_charshort], these benefits include a [pgm_ded] income tax charitable [pgm_capgainbenefit] continuing to [pgm_liveinoruse] your [pgm_homeorfarm].