In December 2018, Tom Di Noto made a move to Pacific Sotheby’s International Realty where he saw an opportunity to continue to grow his real estate business by aligning with San Diego’s top brokerage and also to join a company that shared his passion for philanthropy.
As the Director of Real Estate Giving for Future Legends, a non-profit 501c3 corporation that strives to be the finest mentoring and scholarship program in the country, Di Noto is excited about establishing a Gift Annuity Life Estate (G.A.L.E.) program at Pacific Sotheby’s International Realty. The program will help his real estate clients achieve financial security while also giving the next generation an opportunity to pursue their dreams with the support of Future Legends.
“The idea is to implement a program to help our real estate clients turn their assets into liquidity opportunities and engage tax saving strategies through charitable donations to Future Legends,” says Di Noto. “It is an incredible opportunity to help clients at one end of the age spectrum with their desire to give to the younger generation while still maintaining security and financial freedom.”
There are numerous benefits in participating in a Gift Annuity Life Estate (G.A.L.E.) program, including the ability for the donor to remain in their home for their lifetime or lease their home and retain rental income, while at the same time paying off their home mortgage, generating life long monthly income and receiving immediate tax-benefits.
“The 70+ community is the fastest growing age demographic,” adds Di Noto. “This is an innovative approach that transforms a senior’s home equity into a life long income stream to enhance their retirement or to cover long term care costs.”
For more information about Pacific Sotheby’s International Realty’s Gift Annuity Life Estate (G.A.L.E.) program, contact Tom Di Noto at 858-888-3579 or via email at email@example.com.