Gift of Personal Residence or Farm with Retained Life Estate

Gift of Personal Residence or Farm with Retained Life Estate Diagram

How It Works

  1. Transfer title to personal residence or farm to Lewis & Clark
  2. No change in your lifestyle—you (and spouse) occupy and enjoy residence or farm for life
  3. Lewis & Clark keeps or sells property after your death(s)

Benefits

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

More Information

Contact Us

Rebecca Holt
AVP for Advancement and Gift Planning
503-768-7943
rebeccah@lclark.edu

 

Lewis & Clark College
615 S. Palatine Hill Road
Portland, OR 97219

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