If you anticipate selling your house, remember that an outright gift of your residence will entitle you to a charitable income tax deduction equal to its entire appraised or fair market value.
If you do not anticipate relocating, you may find that a gift of your house with a "retained life estate" is even more attractive. Here, you deed your house to Yeshiva University, while you retain all legal rights to reside in the house until after the lives of both you and your spouse.
Your situation remains unchanged except that you obtain an immediate and significant income tax deduction in the year you make the gift. In addition, the house is removed from your estate and provides a wonderful deferred gift to Yeshiva University.
In addition, under suitable circumstances, commercial property you own but wish to sell may also provide a gift opportunity.