Planned Giving and Life-Estate Inquiries
Retained life estates, remainder trusts, bequests and estate gifts. These specialized structures require legal, finance and executive review and are never automatically approved.
What to know
Reviewing planned giving and life-estate inquiries for charitable use
Each inquiry follows our full due-diligence process. Disclosing subtypes, ownership and obligations early helps the property team review accurately.
Selectable subtypes
- Estate-owned property
- Trust-owned property
- Business-owned property
- Other
Important Legal & Tax Information
•COCAS does not determine the value of donated property or provide legal, tax, appraisal or financial advice. The availability and amount of any charitable deduction depend on the donor's circumstances, applicable law, property type, holding period, qualified appraisal and tax filing. Donors should consult independent legal, tax and financial professionals.
•Properties with mortgages, liens, taxes, tenants, environmental concerns or other obligations require additional review and may not be accepted.
•COCAS's signature on a tax form acknowledges receipt of property when applicable; it does not represent agreement with the donor's claimed value.
•Submitting an application creates no obligation for COCAS to accept the property and does not transfer title.
Related
Other property types
Land
Vacant lots, residential parcels, recreational acreage and raw land submitted for charitable-use review. COCAS evaluates access, zoning and marketability before any acceptance.
Houses
Single-family homes, condominiums, townhouses and manufactured homes. Each residence is reviewed for title, condition, occupancy and any encumbrances before a transfer is considered.
Rental and Multifamily Property
Duplexes, triplexes, apartment buildings and income-producing residential property. Existing leases, tenants and security deposits require careful occupancy and legal review.