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Retained Life Estates
CLICK HERE FOR A DETAILED EXPLANATION
How it works
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You transfer your residence, farm, or vacation home to The Latin School of Chicago subject to a life estate. |
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You continue to live in the property for life or a specified term of years, while continuing to be responsible for all taxes and upkeep. |
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The property passes to The Latin School when your life estate ends. |
Benefits
- You receive gift credit and an immediate income tax deduction for a portion of the appraised value of your property.
- You can terminate your life estate at any time and take an additional income tax deduction.
- You have the satisfaction of making a significant gift now that benefits The Latin School later.
More
To learn more about retained life estates, E-mail us, complete the Information Request Form, or call us at (312) 582-6042 so that we can assist you.
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 Dr. Richard Davis
“Latin's superb faculty always encouraged me to give my best effort,” recalls Dr. Richard Davis '43.
Anne
joined Latin School in 1991. Prior to serving as Acting Director,
Anne served as the school’s director of development, senior development
officer, annual giving director, and as development officer for High
Jump.
Over the years, she has seen Latin renovate and expand its campus,
expand opportunities to students needing financial assistance, increase
resources for its faculty, and create exceptional community building
events. Two capital campaigns, nine scholarship dinners, eight
auctions, and multiple Annual Fund campaigns, Bazaarnivals, Roman’s
Runs, and Reunion Weekends later, she can say from experience that
Latin is blessed with extraordinary volunteers and donors, who, through
their contributions, make the school a better place.
Anne graduated from Emory University with a concentration in history
and anthropology. Anne and her husband Steve have two children:
Dena, Class of 2016, and Noah, Class of 2017.
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