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Gifts of Life Insurance

Gifts of Life Insurance

Gift of Life Insurance Diagram

How It Works

  • You transfer ownership of a paid-up life insurance policy to Mayfield Junior School.
  • Mayfield elects to cash in the policy now or hold it.
  • Consider naming Mayfield Junior School in your long-term plans. It's simple.

Benefits

  • Make a gift using an asset that you and your family no longer need.
  • Receive an income tax deduction equal to the cash surrender value of the policy.
  • You may be able to use the cash value of your policy to fund a gift that delivers income, such as a deferred gift annuity.

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Located in Pasadena, California, Mayfield Junior School of the Holy Child Jesus is a K-8 Catholic coeducational private school. Our kindergarten, elementary school, and middle school experience best prepares students for high school education and beyond.