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

Benefits

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

Contact Us

Melissa Tyrone
Director of Philanthropy & Membership
863-734-1213
mtyrone@boktower.org

Federal Tax ID Number: 23-1352009

Bok Tower Gardens
1151 Tower Blvd.
Lake Wales, FL 33853

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