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

Benefits

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

 

Contact Us

Dan White
Director of Development
(978) 867-4843
dan.white@gordon.edu

Gordon College
255 Grapevine Road
Wenham, MA 01984

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