You can designate our organization as the beneficiary
of a life insurance policy you own. Simply ask your
agent or insurance provider for a “Change of
Beneficiary” form.
This designation is not permanent and can be changed
by you at any time. You remain the owner of the policy
and maintain complete control and flexibility.
We will receive the proceeds from your life insurance
policy outside of probate – meaning we are able
to apply your gift to our mission quicker.
Your estate is entitled to an estate tax deduction
for the full amount of insurance proceeds we receive.
Note: You do not receive an income
tax deduction for naming us as a beneficiary
of your life insurance. If you are looking for an
income tax deduction, you can still use your life
insurance policy to make a gift.
