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

Benefits

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

 

Contact Us

Tammy R. Eskridge
Senior Planned Giving Officer 
256.824.3447
tammy.eskridge@uah.edu

The University of Alabama in Huntsville
301 Sparkman Drive
Huntsville, AL 35899

Federal Tax ID Number: 63-6048099

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