Many people overlook life insurance as a giving option, but it’s an easy way to make a difference at the Atlanta Humane Society. Plus, a gift of life insurance has the following four perks.
- Cost-Efficient
Life insurance allows you to make a significant gift even if your means are limited today. By making small premium payments each year for a limited number of years, you can leave a gift of sizable proportions. - Tax-Beneficial
For an existing policy, you may receive a federal income tax charitable deduction. For a new policy, with the Atlanta Humane Society named as the owner and beneficiary, your premium payments may be deductible as charitable gifts. - Secure and Confidential
Your life insurance policy is a contract and therefore cannot be changed by unhappy heirs. If you make the Atlanta Humane Society the owner and beneficiary of the policy now, it will not be included in your probate estate and therefore will remain confidential. - Helpful to Our Mission
Life insurance gives you the option to make a gift with an asset other than cash, helping you to make a bigger impact than you may have ever thought possible.
Life Insurance Policies You Can Give
- A recently issued policy
- An existing policy in premium-paying mode
- A paid-up life insurance policy
Learn more at https://atlantahumane.planmylegacy.org/life-insurance
The information in this publication is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.
January 7, 2019