Life Insurance


orange shirt wheelchairThe use of Life insurance policies to make your gift to support the children can be done without having to reach for your checkbook.

HOW IT WORKS.

·   Name the Foundation as the primary beneficiary,

·   Change a current policy naming the Foundation as owner and beneficiary,

·   Continue to pay the premium to enhance the endowment fund,

·   Name the Foundation as sole revocable Beneficiary of group term life insurance in excess of $50,000.00,

·   Give a paid up policy to the Foundation, or

·   Assign your annual dividends on your policy to the Foundation.

Please discuss these strategies with your tax preparer to determine the income, gift or estate tax benefits to you.

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