Gift of Personal Residence or Farm with Retained Life Estate

How It Works

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

Benefits

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

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