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Life Insurance
Do you own a life insurance policy that you no longer need?
Perhaps you initially purchased the policy to ensure your family's financial stability or to pay college tuition for children that are now self sufficient. Have your circumstances changed? Good things happen when you assign ownership of your existing life insurance policy to Women's American ORT. You will receive a current income tax deduction and possible future deductions through gifts to pay any remaining premiums. If you use appreciated stock to fund those gifts you will reap additional tax savings by avoiding capital gains tax.
Are you a younger member who would like to make a big gift at a small cost?
Women in their 30's and 40's can purchase life insurance at very affordable rates which can be paid short term (one lump sum to five years) or long term (up to 15 years). If you assign ownership of the policy to Women's American ORT your gift is tax deductible. Gifts of life insurance allow you to give a significant gift without reducing the projected inheritance of your family members.
Best of all, your gift of life insurance will perpetuate your giving for generations to come and help ORT provide life-enhancing services around the world.
For more information please contact our Planned Giving Department at 1-800-51-WAORT.
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