Retirement Communities

Case Study: Real Estate-Funded Charitable Gift Annuities at Kendal Retirement Communities

by Dennis Bidwell September 2012 Take-aways from these gift scenarios: Real estate-funded CGAs are attractive to many property owners wary of variable CRT payouts.  Also, the relative simplicity of a CGA contract, compared to a lawyer-intensive CRT document, is appealing to many donors. Many residents of non-profit retirement communities continue to own property—often a vacation home—long … Read more…

Real Estate Gifts and Non-Profit Retirement Communities

October 11, 2010 I have recently had occasion to work with several non-profit retirement communities, helping them attract and structure real estate gifts.  My experience with such communities is that their residents may have disposed of their primary home (though some still own them), but many of them continue to own a summer home on … Read more…