Designate We Save Animals as the Beneficiary or “Owner” of your Life Insurance Policy PDF Print E-mail

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There are several ways you can make a gift of life insurance to We Save Animals.

You can either designate We Save Animals as a beneficiary of all or a portion of the policy proceeds. This is a simple, cost effective procedure and will keep the insurance proceeds out of probate . An estate tax deduction is permitted for up to 100% of the proceeds received by We Save Animals which can save your estate substantial taxes and leave more for your heirs. Simply contact your insurance carrier and request a beneficiary form.

You can also purchase a new policy and designate We Save Animals as the owner. Any premiums you pay after the assignment are tax deductible.

Finally, you may assign your paid-up life insurance policy to We Save Animals and receive an income tax deduction equal to the replacement cost of the policy. This is a very good option if you find that you no longer have a need for your policy.

There are many other creative ways to incorporate gifts of life insurance into your overall estate plan. With any approach you take however, your gift of life insurance will make a lasting contribution to We Save Animals.

For more information, e-mail: This e-mail address is being protected from spambots, you need JavaScript enabled to view it or call (661)360-4950