Planned Giving

Life Insurance Policy

Life Insurance Policy Diagram

How It Works

  1. You assign all the rights in your insurance policy to the USMMA AAF, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. The USMMA AAF 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 the USMMA AAF to pay these premiums
  • You can make a substantial gift on the installment plan
  • The USMMA AAF receives a gift they can use now or hold for the future

More Information

Contact Us

Capt. James F. Tobin '77, President
(516) 773-5993
jtobin@usmmaalumni.com

 

USMMA AAF
300 Steamboat Road
Kings Point, NY 11024

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