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

Benefits

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

More Information

Contact Us

Melissa M. Diehl
Director, Estate, Trust, & Gift Planning
570-577-3776
mmdiehl@bucknell.edu

 

Bucknell University
301 Market Street, Suite 2
Lewisburg, PA 17837
Federal Tax ID Number: 24-0772407

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Contact Details

University Advancement

Hours

08:30 a.m. - 04:30 p.m.

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