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

Benefits

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

 

Contact Us

Maria Cobb
Associate Director of Development
804.754.7360
mcobb@collegiate-va.org
Federal Tax ID Number: 54-0528203

Collegiate School
ATTN: Maria Cobb
103 N. Mooreland Road
Richmond, VA 23229

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