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Gift of personal residence or farm with retained life estate

Gift of Personal Residence or Farm with Retained Life Estate Diagram. Description of image is listed below.

How it works

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

Benefits

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

 

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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Imagine Your Legacy

Address for US Mail:
University of Rochester
Box 278799
Rochester, NY 14627-8799

Address for deliveries requiring a signature:
(FedEx, UPS, etc...)

University of Rochester
Office of Trusts, Estates & Gift Planning
300 East River Road, #117
Rochester, NY 14623

Phone: (800) MELIORA - (585) 275-8894
Fax: (585) 276-1986
Email: giftplanning@rochester.edu

University of Rochester
Federal Tax ID# 16-0743209