SUBSCRIBE
Enter your Name and Email address to get
the newsletter delivered to your inbox.
Please include name of person that directed you to my online newsletter so I can thank them personally.
Hotta Liesenberg Saito LLP
970 West 190th Street, Suite 900
Torrance, CA 90502-1052
Phone: 424-246-2000
Fax: 424-246-2005
October 2026
Life Insurance as a Gift
During this season of giving, you may want to donate more to your favorite charity but lack the funds to do so. Life insurance offers an affordable way to boost your charitable giving.
TAX BENEFITS
There are several ways to give life insurance charitably, some of which may offer tax advantages now or in the future. Talk with your accountant to understand how you can support a charity while gaining potential tax benefits.CHARITABLE CHOICES
One option is naming a charity as your policy's beneficiary. This removes the death benefit from your taxable estate while still allowing you to change beneficiaries later if your circumstances change.Another option is a charitable rider, if your insurer offers one. This rider directs a set percentage of your death benefit to a designated charity, while the remainder goes to your primary beneficiaries. For example, a $500,000 policy with a 10% charitable rider would give $50,000 to the charity, with the rest going to your loved ones.
Ask your advisor which option fits best for your situation.
CONTACT US
Enter your Name, Email Address and a short message. We'll respond to you as soon as possible.
The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.