Related Links

·  Gift illustration  ·  Complete gift description  ·  Is this gift for you?  ·  Gift example

« Back

Retained Life Estate
(Living in a Charitable Deduction)

How it works

You transfer your residence, farm, or vacation home to UCLA subject to a life estate.

You continue to live in the property for life or a specified term of years, while continuing to be responsible for all taxes and upkeep.

The property passes to UCLA when your life estate ends.

Benefits

• You receive gift credit and an immediate income tax deduction for a portion of the appraised value of your property.
• You can terminate your life estate at any time and take an additional income tax deduction.
• You can have the satisfaction of making a significant gift now that benefits UCLA later.

For more information

Email us, complete the personal illustration form, or call us at 310-794-2334 so that we can assist you through every step of the process.

UCLA Office of Planned and Major Gifts
10920 Wilshire Boulevard, Suite 1400
Los Angeles, California 90024-6516
Phone: 310-794-2334
800-737-UCLA (8252)
Fax: 310-794-6922
giftplanning@support.ucla.edu