Corey, a widower, is 80 years of age and in poor health. He would like to donate unimproved land to his church. The land cost Corey $40,000 and is currently worth $200,000. In carrying out the donation, Corey wants to regain his original capital investment of $40,000. In this regard, evaluate the following options.

• An immediate donation of an 80% undivided interest in the land to the church.
• A sale of all of the land to the church for $40,000.
• A provision in his will passing an 80% undivided interest in the land to the church.