How does WSPA benefit from receiving a gift of life insurance?
WSPA can surrender a policy for its cash value at the time the gift is made and put this amount to work immediately, or wait to collect the proceeds of the policy when the donor passes away. In either case, you have the satisfaction of knowing that you have made a wonderful gift to help the animals. Can I use life insurance with other forms of charitable giving? Many people use life insurance to replace the value of other gifts they make to WSPA. For example, if you establish a charitable remainder trust or a charitable gift annuity, you can use some of the immediate tax savings to purchase a life insurance policy and make your children or other heirs the beneficiaries. That way, you gain the advantages of charitable giving without decreasing the amount passing to your family. If you would like to discuss this gift opportunity further, please contact: World Society for the Protection of Animals Lincoln Plaza 89 South Street, Ste. 201 Boston, MA 02111 E-mail: wspa@wspausa.
