Lifetime Gifts of Insurance
How it works
You transfer ownership of a paid-up life insurance policy to Woodland Healthcare Foundation.
Woodland Healthcare cashes the policy now, or maintains it and receives the death benefit later.
Benefits
- You receive gift credit and an immediate income tax deduction for the cash surrender value of the policy.
- In some cases, you can use the cash value in your policy to fund a life-income gift, such as a deferred gift annuity.
- You gain the satisfaction of making a significant gift to Woodland Healthcare without adversely affecting your cash flow.
For assistance with this gift plan, please complete the request information form or contact Kevin Duggan at (530) 669-5680 or e-mail to Kevin.Duggan@DignityHealth.org.