Why Give?  The Benefits of Giving Real Estate (depending on gift plan)

• Gift to the Boy Scouts
• Significant Tax Savings
• Income
• Simplify Affairs
• Efficient Wealth Transfer

What to Give?

• Personal residence/farms
• Commercially developed property
• Natural resource property
• Undeveloped property
• Undivided fractional interest

How to Give?

• Outright
• Retained use
• Gift in return for income (usually 5% rate)
• Via bequest
• Donate income for fixed term

Outright Gifts

• Immediate impact for Boy Scout
• Immediate deduction for appraised value
• Property types can range from residential property, commercial real estate, farm and farmland, vacant land, etc

Retained Life Estate

• Residence, vacation home or farm can be donated to Boy Scouts, retaining a life estate
• Continue to occupy residence/derive income from farm-No change enjoyment of property/lifestyle
• Immediate charitable deduction for appraised value, less value of retained tenancy