Considering your favourite charity as part of your estate plan is one the most noble gestures one can make. Donors provide the means for charities to take care of their communities and enrich the lives they touch.
You have options.
With life insurance, you can give the gift of a charitable legacy - ensuring your support continues even after your death. Not only does the charity benefit, but you also receive sizable tax savings either during your lifetime or thereafter, depending on how you structure the arrangement.
Whether you have an existing life insurance policy you wish to transfer to a charity, or prefer to secure a new plan.
Your advisor at Creative Planning can help you determine the charitable giving arrangement that works best for you.