|
Life insurance offers a donor the opportunity to make a generous gift
to the Church either at no cost or with a relatively modest cash
outlay. You can donate a paid-up life insurance policy by assigning the
policy to St. Dunstan’s Church and designating the Church as the
beneficiary. In this case, there are no out of pocket costs to you and
you receive an income tax deduction for your gift. Another cost-free
method of using life insurance is to designate the Church as a
beneficiary of all or a portion or your workplace-provided life
insurance policy. Also, if you are a director or trustee of an
organization that has purchased a life insurance policy with you as the
insured, you may designate the Church as a beneficiary.
|