 |
|
|
|
How to Help
|
|
|
|
Ways to Give
|
|
|
|
|
|
Contact Us
|
|
Key Training Center
130 Heights Avenue, Inverness, Florida
34452-4571
Administration Office
(352) 795-5541 Voice
(352) 795-1805 FAX
TDD (800) 545-1833
Ext. 347
Contact Page Click Here
|
|
|
|
|
|
|
|
Life Insurance
Giving life insurance policies, either new ones or ones no longer needed, is an excellent way to make a larger gift than might otherwise be possible.
The most direct way is to name the Key Center Foundation the owner and beneficiary of the policy. The owner receives an income tax deduction for the full cash surrender or paid up value of the policy. Any further premiums paid on such a policy given to the Key Center Foundation are fully deductible.
Wealth Replacement Policy
Life insurance can be used to replace for heirs the value of an asset given to charity. A donor may choose to use the tax savings produced by the charitable deduction realized to pay premiums on a new life insurance policy for an amount equal to the donated asset's value; thus, his or her heirs will not be deprived.
The Key Center Foundation will be pleased to assist potential donors to design a planned gift. Contact Iris Whittaker, at 352.527.8228 or E-mail at iwkcf@keytrainingcenter.org.
|
|
