Creighton University

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Retained Life Estate
(Living in a Charitable Deduction)

How it works

You transfer your residence, farm, or vacation home to Creighton University subject to a life estate.

You continue to live in the property for life or a specified term of years, while continuing to be responsible for all taxes and upkeep.

The property passes to Creighton when your life estate ends.

Benefits

• You receive gift credit and an immediate income tax deduction for a portion of the appraised value of your property.
• You can terminate your life estate at any time and receive an additional income tax deduction.
• You can have the satisfaction of making a significant gift now that benefits Creighton later.

For more information

Email us, complete the personal illustration form, or call us at (402) 280-1143 so that we can assist you through every step of the process.

Creighton University
Office of Estate and Trust Services
2500 California Plaza
Omaha, NE 68178
(402) 280-1143
(800) 334-8794
giftplanning@creighton.edu