14 Mar

How do I go about making a life insurance gift?

There are a number of ways to name ROLDA to receive all or part of a life insurance policy you already own. The process can be quite simple and easily changed over time as circumstances change.

You choose to make an immediate gift of a life insurance policy by making ROLDA the irrevocable owner and beneficiary of a policy. You may be entitled to an income tax deduction based on the value of the policy or premiums paid. Check with your advisor for the amount of deduction to which you may be entitled.