Gift of Personal Residence or Farm with Retained Life Estate

How It Works

1. Transfer title to personal residence or farm to GW Law
2. No change in your lifestyle—you (and spouse) occupy and enjoy residence or farm for life
3. GW Law keeps or sells property after your death(s)

Benefits

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