Editing Fee simple (section)

===Retained life estate gift===
In the United States, retained life estates are often used by donors who intend to leave property as [[bequest]]s to [[charitable organization]]s while retaining the use of the property during their lifetimes.  The donor receives a [[tax deduction]] for the gift of their remainder interest in the property, and at the donor's death, the property passes to the organization without being subject to [[probate]]. Retained life estate gifts often involve agreements about acceptable uses of the property, payment of real estate taxes, property maintenance, etc. during the donor's lifetime.