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Gifts of Real Estate
We would be happy to explore with you a gift of a home, vacation property, condominium, undeveloped land, or other real estate in support of Mount Mary College. Real estate can be given as an outright gift, or through a will or trust which names the College as the owner. Your tax benefits can be clarified with your tax advisor.
Real estate/ retained life tenancy: It is possible to transfer ownership of your personal residence to Mount Mary College during your lifetime. You will receive an income tax deduction for the property and will be able to continue to use the property. The donor is recognized for the irrevocable gift during his/her lifetime and there is a significant deduction that may be taken at the time the home is deeded to the College.
Real estate gifts presumes a discussion prior to establishment. Please contact the Development Office,(414) 443-3639.