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Gift of personal residence or farm with retained life estate

Retained Life Estate.png

How it works

  1. Transfer title to personal residence or farm to the University of Rochester
  2. No change in your lifestyle—you (and spouse) occupy and enjoy residence or farm for life
  3. The University of Rochester keeps or sells property after your death(s)

Benefits

  • No out-of-pocket cost for substantial gift to the University of Rochester
  • Federal income-tax deduction for remainder value of your residence or farm
  • You (and spouse) can occupy residence for life

More Information

Contact Us

University of Rochester
Office of Trusts, Estates & Gift Planning
Box 278799
Rochester, NY 14627-8799
Federal Tax ID Number: 16-0743209

 

1-800-MELIORA (1-800-635-4672)
Phone: (585) 275-8894
Fax: (585) 276-1986
E-mail: giftplanning@rochester.edu

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