BENEFITS

• This arrangement allows you to make a gift with a large philanthropic impact without disbursing any cash.
• You retain full use of your property during your lifetime.

TAX ADVANTAGES

Many donors find that establishing a retained life estate arrangement provides them with substantial tax breaks:

• Receive an immediate charitable income tax deduction.
• You can claim this tax deduction up to 30% of your adjusted gross income (AGI).
• Any unused deduction may be carried forward in subsequent tax years, for up to 5 additional years.
• Avoid capital gains tax on highly appreciated real estate.
• The property is removed from your taxable estate.

HOW IT WORKS

• Establish a retained life estate 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 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 use the proceeds of the sale to support the program or department of your choice.