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Gifts of Life Insurance

Gift of Life Insurance Diagram
Rhode Island School of Design or the RISD Museum

How It Works

  • You transfer ownership of a paid-up life insurance policy to Rhode Island School of Design or the RISD Museum.
  • RISD 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.
  • In some cases, you can use the cash value in your policy to fund a life-income gift, such as a deferred gift annuity.

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The material presented on this Planned Giving website is not offered as legal or tax advice.
Read full disclaimer|Sitemap|Planned Giving Content © 2013 VirtualGiving.com


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The material presented on this website is not offered as legal or tax advice.
Read full disclaimer | Planned Giving Content © 2013 VirtualGiving

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