From Policy to Purpose: How Life Insurance Can Power Your Philanthropic Goals | |
Life insurance can be a powerful and tax-efficient tool for philanthropy. This article explores how you can use a life insurance policy to leave a substantial gift to your favorite charity or non-profit organization. We'll discuss various strategies, such as naming a charity as the beneficiary of your policy or donating an existing policy outright. Learn how these methods can allow you to make a much larger donation than you might have been able to afford otherwise, without impacting your current financial security. This guide shows how life insurance can be a simple way to create a lasting legacy and ensure your values continue to make a positive impact on the world. | |
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