Retirees Donate a Home and Stay Awhile
New York Times Online (08/17/03) Vol. 162, No. 6 p.B1; Dugas, Christine

This article discusses life estates and gift annuities, which can help senior citizens who own valuable homes but lack sufficient retirement income. Some charities will accept the donation of a home and provide the inhabitants with an annuity for the rest of their lives, while the donors continue to live in the house.

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