BENEFITS

• A retained life estate with gift annuity arrangement establishes a lifetime income stream that is fixed and not subject to market fluctuations.
• You retain full use of your property during your lifetime.
• After your lifetime, the property passes to The UCLA Foundation which will sell the property and use the remainder to support UCLA as you designated

TAX ADVANTAGES

• Benefit from an immediate charitable income tax deduction based on a portion of your property's value.
• Any unused deduction may be carried forward in subsequent tax years, up to 5 additional years.
• Reduce capital gains tax on highly appreciated real estate.
• The property is removed from your taxable estate.

HOW IT WORKS

• Establish a retained life estate with gift annuity arrangement with The UCLA Foundation, in which you deed your home, vacation home or farm to UCLA while retaining full use of your property for life.
• Receive an annuity payment based on a rate that is determined by the age of the beneficiary and a portion of the property's value.
• Also receive a sizable charitable income tax deduction.
• Retain home ownership obligations, such as maintaining the property, paying taxes and insurance premiums.
• After your lifetime, the property passes to The UCLA Foundation which will sell the property and use the remainder to support UCLA.