Planned Giving at Abington Memorial Hospital Foundation
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Gifts of Life Insurance

Click Here for Detailed Explanation



How It Works

You transfer ownership of a paid-up life insurance policy to Abington Memorial Hospital Foundation.

AMHF elects to cash in the policy now or to keep the policy and receive the death benefit later.

Benefits

  • You receive gift credit and an immediate income tax deduction for the cash surrender value of the policy (technically, the “interpolated terminal reserve value” of the policy).
  • In some cases, you can use the cash value in your policy to fund a life-income gift, such as a deferred gift annuity.
  • You can have the satisfaction of making a significant gift now to AMHF without adversely affecting your cash flow.

More


For more information

If you are considering a gift of life insurance, email us, complete the personal illustration form, or call us at 215-481-4019 so that we can assist you through every step of the process.




Abington Memorial Hospital Foundation
1200 Old York Road
Abington, PA 19001
215-481-4019 | Fax: 215-481-4019
E-mail: acarthy@amh.org



*Notice: Consult your legal and tax advisors before making any material decisions based on this information.

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