Life Insurance
Gift of a paid-up life insurance policy:
Many people own fully paid-up insurance policies which are no longer needed for
their original purposes. Such policies can be given to Nevada. Paid-up life
insurance policies for which Nevada has been made the owner and irrevocable
beneficiary entitle the donor to a charitable tax deduction equivalent to the
cash surrender value. Such gifts receive credit for the full value of the death
benefit. Gifts of insurance policies that are not paid up receive tax deductions
and credit for their cash values and for the additional annual cash
contributions required to enable Nevada to pay subsequent premiums.
Our Planned Giving office will be happy to supply additional information:
Contact:
Robert M. Eggleston or Lisa Riley
University of Nevada, Reno
Planned Giving
1664 N. Virginia St. / Mail Stop 107
Reno, NV 89557
Phone:
(775) 784-6622
