Gift Planning
HOW WILL YOU BE REMEMBERED?
WHAT WILL YOUR LEGACY BE?
Your legacy is what you do for other people, the impact your actions have on lives long after you are gone and how you are remembered. With planned giving you make a contribution to future generations, while you and your loved ones enjoy the financial benefits. Planned gifts may include retirement assets, stock, life insurance proceeds or real estate. By including a charitable provision in your will or trust, or by designating a future gift of life insurance or retirement plan assets, you become a partner on our mission to better our community. We are grateful to those who have made provisions in their plans and want to acknowledge their thoughtful generosity and intentionality.
Gifts of Insurance
A gift of your life insurance policy is an excellent way to make a gift to Pikes Peak United Way. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your insurance policy to Pikes Peak United Way. For example, you may have purchased a policy to provide for minor children and they are now financially independent adults.
Benefits of gifts of life insurance
- Receive a charitable income tax deduction
- If Pikes Peak United Way retains the policy to maturity, you can receive additional tax deductions by making annual gifts so that we can pay the premiums
- If Pikes Peak United Way cashes in the policy, you will be able to see firsthand how your gift supports our charitable work
- If we retain the policy to maturity, or you name us as a beneficiary, once the policy matures, the proceeds of your policy will be paid to our organization so that we can use the proceeds to further our charitable work
How to make a gift of life insurance
To make a gift of life insurance, please contact your life insurance provider, request a beneficiary designation form from the insurer and include Pikes Peak United Way as the beneficiary of your policy.
Contact us
If you have any questions about making a gift of a life insurance policy, please contact us. We would be happy to answer questions that you have.
Please let us know if you have already named us as a beneficiary of your life insurance policy. We would like to thank you and recognize you for your gift.
