Retained Life Estate
It is possible for donors to give their personal residence to the University of Hartford while retaining the right to continue residing in that property until their death, at which time the property accrues entirely to the university.

In a retained life estate, the donor must continue to pay taxes, utilities, and all other incidental expenses related to the upkeep of the property, but the donor will receive a substantial charitable income tax deduction based on the appraised value of the property at the time of the initial arrangement. The property will also not be subject to probate in the donor's estate.

For more information about retained life estates, please contact the director of Planned Giving for a confidential consultation.

For more information on Planned Giving, contact Peter Congleton at 860.768.2415 or congleton@hartford.edu



Please note that the University of Hartford does not provide tax or legal advice. Gift calculations may be provided for illustrative purposes only, and the actual values may vary based on the timing and nature of your gift. Advice from legal and tax counsel should be sought when considering a charitable gift of any kind.