• The Future Is Ever Brighter!

    This is our moment to take bold action, to drive positive change through the transformative power of people and ideas. Join us as we embark on this ambitious journey that we call Ever Brighter.
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  • Donor-Advised Funds

    The new University of Miami Donor-Advised Fund allows donors to make charitable contributions, receive an immediate tax benefit, and recommend grants to the University and other qualified charities over time. A popular and simple vehicle for effective charitable giving.
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  • Bequests

    By designating the University of Miami as a beneficiary in your will, trust or beneficiary designation form, you’re ensuring the future of the University.
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  • IRA Gifts

    If you are 70½ or older you may be interested in a planned gift that reduces the income and taxes from your IRA withdrawals. An IRA charitable rollover is a way you can support UM while benefiting yourself. Or at any age, designating the University of Miami as a beneficiary of your IRA can be a great way to remove highly taxed assets from your estate.
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  • Beneficiary Designation Gifts

    A beneficiary designation gift is a simple and affordable way to make a gift to support the University of Miami. You can designate us as a beneficiary of a retirement, investment or bank account or your life insurance policy.
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  • Appreciated Stock Gifts

    Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to the University of Miami.
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Retained Life Estate

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

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Benefits of a retained life estate

  • 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, subject to your maintenance of the property.
  • Create a life estate based on your life or 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 the University of Miami. 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 the University of Miami 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 the University of Miami. We will use or sell the property to further our mission.

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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Already included University of Miami in your estate plans? Click here to let us know.