Life Estate

A life estate is when you leave your home or farm to Kent State University upon your death while receiving a charitable tax deduction in the current year.

Establishing a life estate that benefits Kent State University allows you to retain use and control of your home or farm throughout your lifetime and for the life of a designated heir. You agree to maintain the property and continue to pay home insurance and property taxes during your lifetime. Upon your passing and the passing of any additional designated heir, ownership of your home or farm will then transfer to Kent State University to use or sell in accordance with the purpose stipulated in your life estate.

Please contact us at giftplan@kent.edu or 330-672-1000 to discuss establishing a life estate or with any other questions.