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 Ave Maria University
  2. No change in your lifestyle—you (and spouse) occupy and enjoy residence or farm for life
  3. Ave Maria University keeps or sells property after your death(s)

Benefits

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

 

Contact Us

Beatrice T. Sanford
Planned Giving/Donor Engagement Specialist
239-280-1670
Beatrice.Sanford@avemaria.edu

Ave Maria University
5050 Ave Maria Blvd.
Ave Maria, FL 34142
Federal Tax ID Number: 03-0482006

Back