How It Works

1. You sell property to Southwestern University for less than its fair-market value
2. Southwestern University pays cash for agreed sale price, and you receive a tax deduction
3. Southwestern University may use or sell the property
   
   

Benefits

• You receive cash from sale of property (sale price is often the original cost basis)
  
• You receive a federal income-tax deduction for the difference between the sale price and the fair-market value of the property
  
• Southwestern University receives a valuable piece of property that we may sell or use to further our mission

Next Steps

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• I’d like to see a detailed description of this gift
• I’d like to have a confidential conversation with a gift-planning
  officer about this gift plan or other options
• I’d like a personal calculation of this gift

Please note: Because the federal estate tax has been repealed for 2010, there is no current estate tax in 2010 for the gifts described on this page. However, the consensus opinion among professionals is that Congress will enact an estate-tax law that may be retroactive to January 1, 2010. It is very important that you seek the advice of your estate-planning attorney to determine what changes, if any, need to be made to your existing estate plans, and then again if Congress reinstates the estate tax sometime later this year.
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