Retained Life Estates
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How it works
 You transfer your residence, farm, or vacation home to Diakon 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 Diakon 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 have the satisfaction of making a significant gift now that benefits Diakon later.
More
To learn more about retained life estates, Email us, complete the Information Request Form, or call us at 610.682.1219 so that we can assist you.
Diakon Lutheran Social Ministries
798 Hausman Road, Suite 300
Allentown, PA 18104-9108
Phone: (610) 682-1219
Toll Free: 1-877-DIAKON-7 (1-877-342-5667), Option 2, Ext. 21219
Fax: (610) 682-1187
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