We are Warriors.

We think deeply. We act boldly. We impact the world in ways that will last long beyond our own lives. What legacy do you want to create?

Create a
lasting legacy
with your gift.

We are Warriors. We think deeply. We act boldly. We impact the world in ways that will last long beyond our own lives. What legacy do you want to create?

  • Make a Gift
  • Create a Will
  • Make a QCD

    • Do you have a will?

    A will is an essential part of transferring your property at the right time to the right people at the lowest cost. Without a will, your family may encounter increased costs, delays and unnecessary conflicts.

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    Charitable Gift Annuity

    A charitable gift annuity is a great way for you to support Lycoming College while creating a guaranteed source of income.

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    IRA Charitable Rollover

    An IRA rollover allows people age 70½ and older to reduce their taxable income by making a gift directly from their IRA.

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    You are at: Planned Giving > Gift Options > How to Give > Life Estate Reserve

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    Life Estate Reserved

    You may desire to leave your home or farm to Lycoming College at your death but would also like to receive a current charitable income tax deduction. A life estate reserved might offer the solution you need!

    Life Estate Reserved
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    Life Estate
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    Benefits of a life estate reserved

    • Receive a federal income tax deduction for the value of the remainder interest in your home or farm
    • Preserve your lifetime use and control of your home or farm
    • Create a life estate based on more than one life. This will preserve the use of the property for you and a loved one, such as a spouse or dependent child

    How a life estate works

    1. You deed your home or farm to Lycoming College. The deed will include a provision that gives you the right to use your home or farm for the rest of your life and that of any other life estate party named in the deed.
    2. You and Lycoming College sign a maintenance, insurance and taxes (MIT) agreement to explain that you will do your best to keep the property in good condition and that you will maintain property insurance and pay the property taxes.
    3. When the owners of the life estate have passed away, your home or farm will belong to Lycoming College. We will use or sell the property to further our charitable work.

    Contact us

    To learn more about a life estate, please contact us. We would be happy to assist you and answer your questions.

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