You can make a gift of residual interest by transferring ownership of property to the U of L while retaining the right to use it while you are alive or for a specified period of time
The gift will pass to the U of L outside of your estate, and you will receive an immediate tax receipt for the future value of the property
Types
Principle residence
Other property
Real estate
Art
Donor Benefits
Tax receipt for present value of residual interest
Donor continues to use property for life or a term
Possible tax avoidance on gain
Not subject to probate
Membership in the Fiat Lux Legacy Society
U of L Benefits
Irrevocable future gift of property
Not subject to probate
How to Give
Please consult with the U of L for receipting and other issues