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 ETF
  2. No change in your lifestyle—you (and spouse) occupy and enjoy residence or farm for life
  3. ETF keeps or sells property after your death(s)

Benefits

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

More Information

Contact Us

Angelia Nystrom
(865) 524-1223, ext. 121
anystrom@etf.org
Federal Tax ID Number: 62-0807696

 

East Tennessee Foundation
ATTN: Angelia Nystrom
520 W. Summit Hill Drive, Suite 1101
Knoxville, TN 37902

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