Gift of Personal Residence or Farm with Retained Life Estate

How It Works

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

Benefits

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