Gift Planning

Gifts of Life Insurance

 


How It Works

  • You transfer ownership of a paid-up life insurance policy to Smith College.
  • Smith elects to cash in the policy now or hold it.
  • Consider naming Smith College in your long-term plans. It's simple.

Benefits

  • Make a gift using an asset that you and your family no longer need.
  • Receive an income tax deduction equal to the cash surrender value of the policy.
  • You may be able to use the cash value of your policy to fund a gift that delivers income, such as a deferred gift annuity.


The material presented on this Planned Giving website is not offered as legal or tax advice.
Read full disclaimer|Sitemap|Planned Giving Content © 2020 PlannedGiving.com

Contact Us

Planning your estate and legacy for future generations, including your charitable interests, takes careful evaluation. Consulting with the appropriate professionals can assist you.

Office of Gift Planning

Dawes House
8 Bedford Terrace
Northampton, MA 01063

Phone: (800) 241-2056 (option 5) or (413) 585-2051
E-mail: gift_planning@smith.edu