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Feb. 04, 2012 
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Charitable Services
Charitable organizations and individuals who support them are becoming increasingly aware that the burden of support for these organizations is being shifted away from government to the private sector. For individuals who believe that financial support of a charitable organization can truly make a difference in the world, a gift of life insurance can be an effective way to support their choice of charity.

Planned giving through an insurance policy is a practical and affordable way to make charitable contributions. Donors need not be wealthy to make a significant and meaningful gift. Typically, a donor applies for a permanent life insurance policy on his or her own life and names the charity as the owner and beneficiary of the policy. Since the charity is the owner, the donor's annual gift of the premium payment is tax-deductible.


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Credential® Financial Strategies
Jo-Ann Spicer CFP FMA EPC
519-742-9998
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jspicer@credential.com
 


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