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Retained Life Estate

RLE Diagram
Chase Collegiate School

How It Works

  • You transfer the title to your residence, farm, or vacation home to Chase Collegiate School and live there for the rest of your life.
  • Continue to live in the property for life or a specified term of years, and continue to be responsible for all taxes and upkeep.
  • The property passes to Chase when your life estate ends.

Benefits

  • You can give us a significant asset but retain the security of using it for the rest of your life. 
  • You receive 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 may receive an additional income tax deduction OR you and Chase may jointly decide to sell the property and prorate the sale proceeds.

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The material presented on this Planned Giving website is not offered as legal or tax advice.
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Today’s Calendar
  • Oct 6, 2011
    • Grandparents' & Special Friends' Day Grades PK-5
    Oct 15, 2011
    • Homecoming
    • Amazing Chase 9:00 AM to 12:00 PMCampusFor more information please click here.
    Oct 17, 2011
    • Archives Committee Meeting 8:00 AM to 9:30 AMAlumni and Development Office
    Oct 18, 2011
    • Visiting Artist Program TBD
    • Riverside Cemetery Annual Meeting 11:45 AMKingsbury Library
    Oct 20, 2011
    • Philadelphia Area Alumni Gathering 5:30 PM to 7:30 PMUPenn's Institute of Contemporary Art & city Tap HouseInvitation
  • Nov 1, 2011
    • Annual Leadership Reception 6:00 PM to 8:00 PMWinvian, Morris, CT
    Nov 3, 2011
    • Book Launch for Joan Lownds 5:00 PM to 7:00 PMUpper School Commons"Man Overboard: Inside the Honeymoon Cruise Murder"
    Nov 4, 2011
    • Career Day 10:00 AM to 12:00 PMUpper School Commons
    Nov 14, 2011
    • New York City Alumni Gathering 6:30 PM to 8:30 PMCBS Studios, New York, NY
    Nov 16, 2011
    • Middle School Liaison Meeting 8:00 AM to 9:00 AMGarthwait Dining Room
    Nov 25, 2011
    • Alumni Soccer Game 1:00 PM to 5:00 PMGoss Fields
    • Young Alum TGIF 8:00 PMThe Hills - Waterbury, CT
    Nov 30, 2011
    • Alumni Board Association Meeting 5:00 PM to 6:30 PMAlumni and Development Office
  • Dec 1, 2011
    • Advancement Committee Meeting 10:00 AMAlumni and Development Office
    Dec 12, 2011
    • Archives Committee Meeting 8:00 AM to 9:30 AMAlumni and Development Office
  • Jan 3, 2012
    • Ray Behr Alumni Classic 5:30 PMGoss Field House
    Jan 5, 2012
    • Return to Campus Coffee Hour 10:45 AM to 11:45 AM
    • Return to Campus Alumni College Panel 11:50 AM to 12:50 PMUpper School Commons

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