Planned Giving

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

Benefits

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

 

Contact Us

Michael Governor
Senior Director of Planned Giving
Email: michael.governor@stevens.edu
Office: 201-216-8967
Mobile: 201-388-8802

Stevens Institute of Technology
1 Castle Point Terrace
Hoboken, NJ 07030

Federal Tax ID number: 22-1487354

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See the Impact

Whatever the reason, and no matter the amount, every gift has a story and an impact.