Planned Giving

Life Insurance Policy

Life Insurance Policy Diagram

How It Works

  1. You assign all the rights in your insurance policy to Hopkins, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. Hopkins may surrender the policy for its cash value or hold it and receive the proceeds at your death

Benefits

  • You receive a federal income-tax deduction
  • If premiums remain to be paid, you can receive income-tax deductions for contributions to Hopkins to pay these premiums
  • You can make a substantial gift on the installment plan
  • Hopkins receives a gift they can use now or hold for the future

More Information

Contact Us

Kim Portis
Director of Leadership & Annual Giving
203-397-1001 x427
kportis@hopkins.edu

 

986 Forest Road
New Haven, CT 06515

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