Empowering the Future: Exploring the Advantages and Process of Life Insurance Gifts for William Woods University

Embarking on the path of contributing a gift of life insurance unlocks a host of benefits, creating a lasting impact and providing a unique way to support the charitable work of William Woods University.

Benefits of Life Insurance Gifts

  1. Charitable Income Tax Deduction: Enjoy the immediate benefit of a charitable income tax deduction by contributing a gift of life insurance to William Woods University.
  2. Additional Tax Deductions: If the University retains the policy to maturity, you can amplify your tax benefits by making annual gifts to cover premiums, maximizing your support while optimizing tax savings.
  3. Transparent Impact: If William Woods University chooses to cash in the policy, you’ll witness firsthand how your gift directly bolsters our charitable endeavors, making a tangible difference in our mission.
  4. Future Impact: By retaining the policy to maturity or naming us as a beneficiary, the proceeds upon maturity will be directed to William Woods University. This ensures that the value of your policy supports our organization’s ongoing charitable initiatives.

Making a Gift of Life Insurance: Simple Steps for Lasting Impact

Contributing a gift of life insurance is a straightforward process:

  1. Contact Your Life Insurance Provider: Initiate the process by reaching out to your life insurance provider. Request a beneficiary designation form and specify William Woods University as the beneficiary of your policy.

Contact Us

If you have questions or seek guidance on making a gift of a life insurance policy, don’t hesitate to reach out to us at William Woods University. Our dedicated team is ready to provide the information and support you need to make informed decisions.

Recognition and Gratitude

If you have already named William Woods University as a beneficiary of your life insurance policy, please contact us. We sincerely appreciate your generosity and would like to express our gratitude by recognizing you for your impactful contribution.

Empower the future with a gift of life insurance for William Woods University—your unique opportunity to make a meaningful difference and support our mission for years to come.

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Let us assist you in customizing your charitable contribution to align with your financial, tax, or estate planning goals.

Have questions? We have answers! Please feel free to reach out to us by email or by phone at (573) 592-4390.