Skip to main content

Life Insurance Policy

Life Insurance Policy Diagram

How It Works

  1. You assign all the rights in your insurance policy to the ABF, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. The ABF may surrender the policy for its cash value or hold it and receive the proceeds at your death


  • You receive a federal income-tax deduction
  • If premiums remain to be paid, you can receive income-tax deductions for contributions to the ABF to pay these premiums
  • You can make a substantial gift on the installment plan
  • The ABF receives a gift they can use now or hold for the future

More Information

Contact Us

Kathy Pace
Director of Development
(312) 988-6511


American Bar Foundation
750 N. Lake Shore Drive
4th Floor
Chicago, IL 60611


© Pentera, Inc. Planned giving content. All rights reserved.