Gift of Personal Residence or Farm with Retained Life Estate

How It Works

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

Benefits

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

Next Steps

• Read a detailed description of this gift
• Contact us to learn more about this gift plan or other options
• Receive a personal calculation of this gift