Charitable gifting with life insurance allows you the opportunity to make a large gift to a charity that can have a great impact on patients in our community affected by cancer.
Along with tax savings, there are many other benefits that you receive with charitable gifting:
- The ability to choose the type of policy and the amount of your premium based on your financial circumstances
- Affordable monthly premiums
- Donating life insurance is not subject to taxes, estate debts or probate cost
- Your policy is not part of your estate; therefore, a gift of life insurance does not affect what you intend to leave to your loved ones
By purchasing a new policy, donating an existing policy or transferring ownership of your current policy, you can create a very generous charitable gift.
With the gift of life insurance, you can impact the lives of many and leave a lasting legacy.
For more information contact Brooke Spitse. Email | 519-254-5577 Ext. 58987