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Planned Giving

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Gifts of Life Insurance

Gift of Life Insurance Diagram

How It Works

  • You transfer ownership of a paid-up life insurance policy to Princeton AlumniCorps.
  • Princeton AlumniCorps elects to cash in the policy now or hold it.

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.

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