Life Insurance Policy

Life Insurance Policy Diagram. Description of image is listed below.

How It Works

  1. You assign all the rights in your insurance policy to the Preserve, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. The Preserve may surrender the policy for its cash value or hold it and receive the proceeds at your death

Benefits

  • You receive a federal income-tax deduction
  • If premiums remain to be paid, you can receive income-tax deductions for contributions to the Preserve to pay these premiums
  • You can make a substantial gift on the installment plan
  • The Preserve receives a gift they can use now or hold for the future

 

Contact Us

Kathryn Strand
Director of Development & Communications
207.276.3727
kstrand@gardenpreserve.org

The Land & Garden Preserve
PO Box 208
Seal Harbor, ME 04675
Federal Tax ID number: 23-7102758
gardenpreserve.org

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