Home
  Donor Stories
 

Step 1: EXPLORE

  Giving Wisely
  Legacy Planner
  Compare Gift Plans
  Goals & Benefits
  Giving Wisely
  Calculate Your Benefits

Step 2: RESEARCH

  Gift Plans »
  Assets You Can Give »
  Resources »
  Personal Financial Calculators
 

Step 3: REQUEST

Contact Us
Request Information
  « KBF Home 

Related Links

 · 

Gift illustration

 · 

Complete gift description

 · 

Is this gift for you?

 · 

Important reminders

 «

Back

Lifetime Gifts of Insurance
(Complete gift description)

Are you still carrying life insurance policies your family no longer needs? Consider giving those surplus policies through Kentucky Baptist Foundation. You might help the causes designated to benefit from your gift more than you ever thought possible by using an asset you considered surplus.

Make your gift by naming us the irrevocable owner and beneficiary of a paid-up insurance policy on your life (this arrangement makes the gift complete in the eyes of the IRS).

You will receive an immediate charitable deduction for your gift. It will be the lesser of the policy's fair market value — we can guide you in determining this — or the total of your net premium payments.

We reserve the right to keep a donated insurance policy in force during your lifetime, or to terminate it sooner for its cash-surrender value.

For more information

Email us, complete the personal illustration form, or call us at so that we can assist you through every step of the process.




Kentucky Baptist Foundation
Attn: Laurie Valentine
P.O. Box 436389
Louisville, KY 40253-6389
502-489-3533 | Fax: 502-489-3564 | Toll Free: 1-866-489-3533 (Kentucky Only) E-mail: laurie.valentine@kybaptist.org




Planned Giving content ©2008 VirtualGiving | Disclaimer & Privacy Notice