A.     An outright gift creates the highest federal income tax deduction. 

 

B.     A gift to a trust may provide income as well as a tax deduction.  For real estate gifts a Charitable Remainder Flip Unitrust is the appropriate vehicle.  No trust payments need be made to the income recipient until the trust flips due to the sale of the property.  Although the payment percentage each year is constant, the dollar amount will vary depending upon each year's trust value.

 

C.    A retained life estate allows the donor to live in the donated property as long as he wishes.