Gifts of Real Estate
Many people find that their net worth is tied up in real estate—a vacation home or condominium, farm, commercial building, parcel of land, or interests such as mineral rights.
Real estate which has appreciated in value can be an excellent vehicle for making a gift, especially if you no longer need or use the property, because you get a two-fold tax benefit while supporting Norwich University. In some cases a donor may arrange to retain the use of a property for a specific period of time, an arrangement known as a retained life estate.
All gifts of real estate must go through an approval process before the gift is finalized.
Please contact Priscilla Gilbert, Director of Planned Giving, for more information at 802.485.2301 or email pgilbert@norwich.edu.
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