Did you know that you can use a life insurance policy to support your interests?
Life insurance policies offer different options for creating a charitable legacy at Bishop John A. Marshall School
- Name BJAMS as a beneficiary of your policy to go into effect upon your death. Your estate will receive a charitable deduction for the value of the gift.
- Irrevocably designate BJAMS as both the owner and beneficiary of a paid-up policy. You will receive an immediate income tax charitable deduction equal to the lesser of the “replacement” value or cost basis of the policy.
To learn more about using your life insurance policy or to notify us of your planned gift, please contact: Michelle Tomlinson, Development Coordinator at mtomlinson@bjams
Bishop John A. Marshall School does not provide legal or tax advice. Please consult your professional advisor prior to entering into any planned giving arrangement