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Life Insurance Policy

Life Insurance Policy Diagram. Description of image is listed below.

How It Works

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

 

Contact Us

Richard F. Arms P’14                     
Senior Advancement Officer
781-247-0116 office
508-450-5063 cell
richard_arms@stsebs.org

St. Sebastian’s School 
1191 Greendale Avenue
Needham, MA 02492
Federal Tax ID #42-1552247

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