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LPGS Contact Info

Craig D. Stirtz, CFRE 

124 South 24th Street,
Suite 220
Omaha, NE   68102-1237

402-342-5728
Toll free: 888-891-5728

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Life Insurance Gift PDF Print E-mail

ImageThe easiest way to make a gift of life insurance is to include a percentage (5%, 10%, 25% or more) to the ministry of choice as a part of the primary beneficiary designation. This is referred to as a "Life Share" gift and is fully revocable. Ask your representative for help.

 

Substantial gifts can also be made by a new policy or existing policy no longer needed. The owner can transfer the policy making the Foundation or other ministry the owner and irrevocable beneficiary.In that event, premiums paid by the donor to continue coverage are tax deductible for itemizers.

There are a number of additional ways to use life insurance products or other retirement vehicles for significant gifts.