Planned Giving
Life Insurance
Donate a policy, take a deduction, deduct future premium payments (if any) and make an extraordinary gift!
How it works: You transfer ownership of a paid-up life insurance policy to Pikes Peak United Way. PPUW then elects to cash in the policy now or hold on to the policy.
How to make the gift: Simply contact your life insurance company and request a Change of Beneficiary/Ownership form. Designate Pikes Peak United Way as the new owner and beneficiary of your policy.
Benefits to you:
- It's convenient. Make a gift using an asset that you and your family no longer need.
- It's deductible. Receive an income tax deduction and/or deduct future premium payments
Other Planned Giving Options:
PLEASE NOTE:
Planned gifts like those mentioned here are legal documents. Please consult with a qualified third party (for example, a lawyer or CPA) about planning and implementing these gifts.
Please contact us with any questions.
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