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Pennsylvania Trolley Museum

More than just a ride...it's an Experience

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Planned Giving – Property

RETAINED LIFE ESTATES

If you like the tax advantages that a charitable gift of real estate would offer but want to continue living in your personal residence for your lifetime, an option for a planned gift may be Retained Life Estate. Through a Retained Life Estate agreement, you may donate your home to the Pennsylvania Trolley Museum and continue living there for the rest of your life or the life of your loved one(s). A gift of your home (including a vacation home or condominium) or farm, with a reservation of the right to use it for life, results in a charitable deduction on your income tax return.

 Potential Benefits

  • Use the residence for your life and/or another person’s life.
  • Receive income tax savings through a charitable deduction for a portion of your home’s value.
  • Reduce estate taxes.

REAL ESTATE

A charitable contribution of real estate –whether it is your personal residence, a vacation home, a farm, commercial real estate or vacant land–may provide numerous tax advantages.

Potential Benefits

  • Receive an income tax charitable deduction.
  • Eliminate tax on the property’s appreciation.
  • Make a gift to support a great cause and reduce your taxable estate.

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About Us

The Pennsylvania Trolley Museum came to Chartiers Township, Washington County in February 1954 with three trolleys and a dream that was born in 1941. Today, that dream is  a reality. PTM now boasts a collection of nearly 50 cars, over 600 members worldwide, 150 active volunteers, and over 30,000 … Read More about About

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