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

Benefits

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

 

Contact Us

Lara R. Hermann, CFRE
Director of Gift Planning Office of Advancement & Alumni Engagement
608.363.2650
hermannlr@beloit.edu

Beloit College
ATTN: Lara R. Hermann
700 College Street
Beloit, WI 53511
Federal Tax ID Number: 39-0808497    

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