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Learn how to make Kosair Charities part of your planned giving.
Life Insurance
There are two ways to gift life insurance:
- Make Kosair Charities the owner of the policy.
- Name Kosair Charities as the beneficiary of your policy.
Life insurance interacts well with other gift mechanisms. For instance, you can use all or part of your trust or annuity income to buy life insurance naming a loved one as beneficiary. In this way, you can make a charitable donation to Kosair Charities and replace the value of that donation into your estate through life insurance.
Tax Benefits
- Immediate income tax deduction for value of the policy.
- Premiums are considered a deductible charitable gift.
Advantages
- Insurance may be used to fund most gift plans.
- Insurance can be used to create wealth replacement for one's heirs.
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