Gifts of Life Insurance
How It Works
- You transfer ownership of a paid-up life insurance policy to Catholic Charities of Los Angeles.
- Catholic Charities of Los Angeles elects to cash in the policy now or hold it.
- Consider naming Catholic Charities of Los Angeles in your long-term plans. It's simple.
Benefits
- Make a gift using an asset that you and your family no longer need.
- Receive an income tax deduction equal to the cash surrender value of the policy.
- You may be able to use the cash value of your policy to fund a gift that delivers income, such as a deferred gift annuity.
Next
- More details on gifts of life insurance.
- Frequently asked questions on gifts of life insurance.
- Contact us so we can assist you through every step.
1531 James M. Wood Blvd.
P.O. Box 15095, Los Angeles, CA 90015
(213) 251-3400 | info@CatholicCharitiesLA.org
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Catholic Charities of Los Angeles, Inc. is a 501(c)(3) nonprofit, public benefit corporation accredited by the Council on Accreditation.