Better than a bequest - for you and the Charity

Create a Legacy

Life Insurance  is a practical and affordable way for you to do more than you may have thought possible.  "Deferred Legacy Gifts" of $5,000, $10,000, $25,000 , $100,000 or more are within reach.  Donors no longer need to accumulate wealth in order to make substantial and meaningful gifts to charities, schools, universities, houses of worship, community foundations...

Example:

A 50 Year Old Male (non-tobacco)

makes an annual premium gift of $679.75 for 20 years - and creates an immediate legacy of $25,000.

The Power of a Gift

of

Life Insurance

Example:

A 45 Year Old Female (non-tobacco)

makes an annual premium gift of $1,033

for 20 years - and creates an immediate

legacy of $50,000.

Example:

A 60 Year Old Male (non-tobacco)

makes a single premium gift of $23,550

and creates an immediate legacy of

$50,000.

Example:

A 25 Year Old Male (non-tobacco)

makes an annual premium gift of $122

to his age of 65 - and creates an immediate

legacy of $10,000.

  • Magnifies the amount of money the charity receives - usually many times the amount of your donation.

  • Your premium donations may qualify for significant tax benefits not typically available with a cash bequest.

  • Unlike a cash bequest, a charitable gift of life insurance does not take away from your estate or heir's inheritance upon death.

Example:

A 70 Year Old Female (non-tobacco)

makes a single premium gift of $56,500

and creates an immediate legacy of

$100,000.

Example:

A 35 Year Old Female (non-tobacco)

makes an annual premium gift of $95.55

to her age of 65 - and creates an immediate

legacy of $5,000.

BENEFITS FOR CHARITY

 

  • Gifts of life insurance can be a critical source of future income that can be planned for and depended upon.

  • Modest annual/monthly or single premium payment gifts are multiplied into substantial support and opens the door to major deferred gifts from many more donors.

  • The charity receives the life insurance benefit payment in cash at the donor's death - and is not delayed by probate.

  • The life insurance gift is made during the donor's lifetime, enabling the charity to recognize and thank the donor.

BENEFITS FOR DONORS

 

  • Charitable gifts of life insurance can create a substantial deferred gift at affordable out-of-pocket costs.

  • You receive the satisfaction of knowing that your gift of life insurance will continue to help support your favorite charitable organizations long after you are gone.

  • You may realize a current income tax deduction for the life insurance premiums you pay (if the charitable organization is the owner and beneficiary of the policy).

"I am what survives me"

YOUR LEGACY...
"It's something you create during your lifetime solely to benefit future generations, something you may never see come to fruition.  Just like a farmer who plants a tree knowing he'll never live to taste its fruits, a legacy is a gift you leave behind without expecting anything in return."

 

For further information about a life insurance proposal and how to set up a policy as a charitable gift,

Contact:

​​J. Sadler Hayes, II
Sadler Hayes Associates, Inc.
64 Rolling Ridge Road
New City, NY 10956

845-639-0492
Cell - 914-419-4335
sadlerhayes@gmail.com

Your insurance representative does not offer legal or tax advice.

Please see your tax advisor for tax advice.