Planned Giving
Life Insurance Premiums
Life insurance can be a tax-wise way to help the children and families of D.A. Blodgett for Children. By making D.A. Blodgett the owner and beneficiary of paid-up life insurance policies, you immediately benefit through a charitable tax deduction equal to the full replacement value. Gifts of whole-life policies enable you to deduct almost the full cash value from your taxes. In addition, if premiums are still required, you may pay them through annual tax-deductible gifts to D.A. Blodgett for Children.
Linda Postma, Director of Development or Denise Spaulding, Director of Finance are ready to help you with your charitable planning. For more information, please contact them at 616.451.2021.
D.A. Blodgett for Children recommends you contact your estate-planning professional to determine if this method of charitable giving is right for you. If you do not have your own estate planning professional we can connect you to a list of professionals in the area.
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