Life Insurance
If you own a life insurance policy that you no longer need, you might consider making Wills Eye the sole owner and beneficiary of the policy. You would receive an income tax deduction for roughly the cash surrender value of the policy.
If you gift us a policy that is not fully paid, you may consider continuing to pay the premiums. You may qualify for a tax deduction for the annual premium amount.
Life insurance may also be used to benefit heirs by replacing the value of the assets gifted to Wills Eye.
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