Do you own life insurance policies that are no longer needed?

Examples:

• Protection for a spouse or a child who is now financially independent
• Insured education funds for children who have now completed their training
• Protection for a business in which protection is no longer required
• Provision for estate taxes not needed because your estate is now exempt from taxes (More than 90% of estates may now be exempt)

Here are some great ways to give life insurance to San Diego Rescue Mission:

• Give a paid-up policy that you already own by changing the owner and beneficiary to San Diego Rescue Mission
• Name San Diego Rescue Mission as the owner and primary beneficiary of a policy on which you are still paying premiums
• Name San Diego Rescue Mission as a charitable recipient of a policy you own––as a primary beneficiary, secondary beneficiary or final beneficiary
• Purchase a new policy, naming San Diego Rescue Mission as the primary beneficiary, or transfer ownership to San Diego Rescue Mission

The benefits of making a life-insurance gift:

• The gift and related tax benefits are immediate
• Gifted cash values of paid-up policies can be deductible for up to 50% of your adjusted gross income, and amounts over 50% can be carried forward
• Future premiums can be deductible when ownership of a policy is transferred to San Diego Rescue Mission
• Your confidentiality is assured as life insurance is not a matter of public record

For further information and assistance, please contact Steve de Graaf in our Gift and Estate Design Services office.

Phone: 1-619-819-1758 (Steve de Graaf) or Email:

or complete our Confidential Reply Form

Write us: San Diego Rescue Mission, P.O. Box 80427, San Diego, CA 92138-0427