人寿保险 – How it works
指定圣. 约翰的 as a full or partial beneficiary of a life insurance policy is easy. Donors can download a “change of beneficiary” form from their insurance company’s website, insert og体育app for whatever percentage of the final benefit they would like, and send the form back to the company. Unlike creating a bequest, changing a beneficiary is a five-minute process with no cost.
An outright gift of a life insurance policy is another way donors can use life insurance to make a planned gift. In this case, the donor designates og体育app as the owner of the policy, again through a free “change of ownership” form, also available on most insurance websites. For an outright gift of the policy, the donor receives a tax deduction for roughly the cash value, although the donor will need to secure an independent appraisal to substantiate the deduction. In addition, the asset is removed from the estate for estate tax savings, if applicable.