Life Settlement Donation
More seniors of now using their unwanted or under performing life insurance policies as fundraising tool for their churches or favorite charities. They are now using a Life Settlement Donation, below are the some benefits and reasons for a donation.
1. Making a donation to his/her favorite philanthropic organization without depleting cash reserves or losing income-producing assets;
2. Getting a tax deduction for the fair market value (selling price) of the life insurance policy instead of only the cash surrender value;
3. Being able to see their donation put to use during their lifetime rather than after their death if the organization did not utilize a Life Settlement;
4. Eliminating the requirement of continued premium payments on the policy;
5. Removing a taxable asset from their estate if the policy was individually held.
Please call 1-888-973-8377 for assistance or email us.