Our legacy is advancing knowledge, inventing cures and solutions
What will your legacy be?

replay

Retained Life Estate with Gift Annuity

YOUR REAL ESTATE CAN HELP YOU CREATE A LIFETIME OF SECURE INCOME.

Make a gift of your primary residence, vacation home, or farm during your lifetime, and continue to enjoy your property while receiving tax benefits and income for life.

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.

Contact Us

800-737-UCLA (8252) • giftplanning@support.ucla.edu

Tell a Friend

UCLA's gift planning professionals are happy to provide you and your legal and financial advisors with personalized illustrations of the benefits that a charitable remainder annuity trust offers. Any information in this publication is not intended as legal, accounting, or financial advice. Please consult with your tax, legal, and financial advisors to ascertain whether this or other gift plans are in keeping with your own tax and financial needs. Conversations with the university's gift planning team are always confidential and never imply obligation.

scriptsknown

Support UCLA scholarships and empower future generations to achieve their potential. read more

UCLA Bequest Challenge

UCLA Bequest Challenge

100% toward goal!

Thank you to our generous UCLA alumni and friends who chose to remember UCLA in their wills or living trusts in support of the many campus units! We reached our goal of identifying more than 1,200 new bequest intentions to the university.

Each gift represents future scholarships and fellowships, new research breakthroughs, world-class patient care, a place for the arts to flourish, and so much more.

It is not too late to establish a meaningful legacy gift and join a philanthropic effort that will propel and support the university into its second century.
Please contact UCLA's Office of Gift Planning.