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

Benefits

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

More Information

Contact Us

Harry Need, CFRE
Senior Director of Philanthropic Services
hwneed@alaska.edu
907-786-4840
Tax ID: 23-7394620

 

ANCHORAGE OFFICE
University of Alaska Foundation
1815 Bragaw Street, Suite 206
Anchorage, AK 99508
907-786-1111
foundation@alaska.edu

FAIRBANKS OFFICE
University of Alaska Foundation
2025 Yukon Drive, Suite 208
PO Box 755080
Fairbanks, AK 99775
907-450-8030
foundation@alaska.edu

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