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Gift can consist of almost any type of property:
personal or recreational residence, farm or ranch, commercial building,
subdivision lots, undeveloped property or a fractional interest in
property. Assets may be given outright, serve as the corpus of a
trust arrangement or, in the case of a personal residence, be given
with the right of lifetime tenancy by donor and/or spouse. Immediate
partial charitable deduction is available to the donor.
For more information about making a gift of real estate, please call: (973) 983-5300.
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