Charitable Donations of Life Insurance
There are many ways to donate Life Insurance to a charitable organization to make a substantial legacy gift at relatively little cost. This benefits the charity because there are no taxes or probate costs on the proceeds. A few examples:
To learn more about what options are available and how they may apply to your situation, please consult your insurance agent or financial advisor.
For more information contact Gene Fogarty, Development Council President, at genefogarty@verizon.net, or call (610) 742-5289.