Live In Your Gift to WMHT
A gift of real estate, such as a personal residence or vacation home, commercial property, or even vacant land, can be a creative way to make a significant contribution to WMHT, your local public broadcaster, and receive tax benefits at the same time.
Those benefits include a charitable income tax deduction for the full fair-market value of the property, avoidance of capital gains tax on the property's appreciation at the time the gift is made, and potentially reduced estate taxes and probate costs.
You can donate your home while retaining the use of the property for as long as you live. Using a life estate arrangement, you make a gift of your home or farm now, but retain the security of knowing that you may live there as long as you wish. The satisfaction of giving, as well as a tax deduction, is enjoyed now rather than later. You continue to take care of the property, pay the taxes, and even receive any income it generates.
You can even calculate the value of your gift using our handy, secure and private Gift Calculator.
WMHT's Planned Giving staff will help you explore your options so that you can decide what's best for your particular financial and charitable objectives.
Contact us at (518) 880-3400 for more information.
This information is not intended as tax or legal advice. For advice and assistance in specific cases, the services of an attorney or other professional advisor should be obtained.
"I support WMHT because of the grassroots impact it has. People throughout our community benefit from the programs--from youngsters benefiting from educational television programs to curious minds of all ages. It's exciting to be involved in something that really is for the greater good of the community."
- Bob Blackman, Delmar, N.Y.
If you have already provided for WMHT in your estate plans, please complete and return this form so we can welcome you to WMHT’s Legacy Circle.