Life Insurance Policy
How It Works
- You assign all the rights in your insurance policy to Wentworth, designate us as irrevocable beneficiary, and then receive an income-tax deduction
- Wentworth 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 Wentworth to pay these premiums
- You can make a substantial gift on the installment plan
- Wentworth receives a gift they can use now or hold for the future
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Which Gift Is Right for You?
Contact Us
Katie DePrimo, MSEd
Executive Director, Lifetime Engagement & Annual Giving
(617) 989-4218
deprimok@wit.edu
Federal Tax ID Number: 04-1958460
Wentworth Institute of Technology
ATTN: Katie DePrimo, MSEd
550 Huntington Avenue
Boston, MA 02115
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