The Jigsaw Puzzle of the Charitable Life Estate

Contemplating an estate plan is a little bit like trying to construct a jigsaw puzzle: The clearer the picture you have of the desired outcome, the easier it is to construct. Often, a piece of the puzzle that is overlooked is the residence. Many parents mistakenly believe that their children will “want the home.” In today’s environment, it’s more likely that the family is geographically dispersed and the children would be more pleased with receiving the value of the home and its important and memorable contents, rather than the house itself.

The Jigsaw Puzzle of the Charitable Life Estate
Source: Insurance News Net