Life Insurance

Life insurance is a practical and affordable way for you to do more than you may have thought possible. Gifts of $50,000, $100,000, $500,000 and even more are within reach. Donors no longer need to accumulate great wealth to make substantial and meaningful gifts.

Benefits for Donor:

  • A gift of a life insurance policy often allows a donor to make a substantially larger charitable gift than would otherwise be possible.
  • Charitable life insurance gifts generate tax deductions based on the premium payments.
  • The donor’s estate remains undiminished in spite of making a substantial charitable gift.
  • Donors receive the satisfaction of knowing their gifts will help support their favorite charitable organizations long after they are gone.

Benefits for Friends House

  • Gifts of life insurance are a critical source of future income that can be planned for and depended upon.
  • Modest annual gifts are multiplied into substantial support, opening the door to major gifts from many more donors.
  • Friends House receives the payment at the donor’s death in cash, undiluted by administrative fees and not delayed by probate.
  • The gift is made during the donor’s lifetime, enabling the charity to recognize and thank the donor.

Forms and Further Information:

Life Insurance Beneficiaries

For additional information or to arrange a confidential gift planning consultation, without obligation, contact:
    Karen Lehman, Executive Director
    Friends House Retirement Community
    17340 Quaker Lane
    Sandy Spring, MD 20860
    301.924.7528
    Email: klehman@friendshouse.com