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 Keck Medicine of USC and/or the Keck School of Medicine
  2. No change in your lifestyle—you (and spouse) occupy and enjoy residence or farm for life
  3. Keck Medicine of USC and/or the Keck School of Medicine keeps or sells property after your death(s)

Benefits

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

More Information

Contact Us

Ludia Chae-Zerrudo
Manager Keck Advancement
213-821-7402
Ludia.Chae-Zerrudo@med.usc.edu

 

Keck Medicine of USC Advancement
University of Southern California
1149 South Hill Street, Suite 360
Los Angeles, CA 90015
Federal Tax ID Number: 95-1642394

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