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Life Insurance Policies
Life insurance is, next to cash, perhaps the most common method for funding charitable donations. Life insurance may serve both as a current outright gift and/or a planned gift. Donors may donate an old cash value policy that no longer serves the purpose for which it was originally purchased. Also, donors may purchase a new policy, naming the Aventura Turnberry Jewish Center as owner and beneficiary of the policy. Here, the donor contributes the premium amount to the Center and receives a tax deduction for the amount of the payment. Wealthy donors may opt for the premium financed life insurance program, naming the Aventura Turnberry Jewish Center as the beneficiary for a portion of, or all of the death benefit.
Download Planned Giving Brochure
Download Planned Giving Brochure