Planned Giving

Life Insurance Policy

Life Insurance Policy Diagram

How It Works

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

More Information

Contact Us

Jeffrey M. Schanz, Ph.D.
Vice President for Institutional Advancement & Chief of Staff
Phone: 518-445-3219
Email: jscha@albanylaw.edu

 

Albany Law School
80 New Scotland Avenue
Albany, NY 12208-3494

Federal Tax ID Number: 14-1338309

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