Life Insurance Gift
Making a gift of life insurance can be a cost-effective way to make a major gift to Juvenile Law
Center. You can name “Juvenile Law Center, Inc.” as a beneficiary on a new or an existing life insurance policy.
Transferring ownership of a paid-up existing policy that you no longer need is an excellent and simple way to benefit Juvenile Law Center. Under certain circumstances you may be entitled to an income tax deduction for such a gift.
Also, continuing to pay the premiums on a new or existing policy where ownership has been transferred to Juvenile Law Center can be an attractive strategy to young donors because the premium cost is relatively low. Whether the donor makes one single premium payment for the policy or pays premiums annually, each payment produces a charitable income tax deduction.