How It Works

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

Benefits

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