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
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