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• Welcome to Gift Planning
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• Step 1: Explore Most Popular Options for Creating Your Legacy
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Life Insurance Policy

	Related Links
	See gift description Request more info on this type of gift Request a calculation Read about our donors The Lifetime Philanthropist Society

 

How It Works

1. You assign all the rights in an insurance policy to Aurora Health Care and receive an income-tax deduction
2. may surrender the policy for its cash value or hold 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 Aurora Health Care to pay these premiums
• You can make a substantial gift on the installment plan
• receives a gift they can use now or hold for the future
• Life insurance can also be used to replace the value of a gift to

Next Steps

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• I’d like to see a detailed description of this gift
• I’d like to have a confidential conversation with a gift-planning
  officer about this gift plan or other options
• I’d like a personal calculation of this gift

Please note: Because the federal estate tax has been repealed for 2010, there is no current estate tax in 2010 for the gifts described on this page. However, the consensus opinion among professionals is that Congress will enact an estate-tax law that may be retroactive to January 1, 2010. It is very important that you seek the advice of your estate-planning attorney to determine what changes, if any, need to be made to your existing estate plans, and then again if Congress reinstates the estate tax sometime later this year.
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