Saratoga Federated Foundation
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| You can name the Foundation as the primary, secondary or final
beneficiary of the policy. This type of gift can be changed or
revoked; therefore, no charitable deduction is allowed and it will
not be included in your estate thereby avoiding estate tax. |
| Or by transferring the ownership of the policy to the Foundation,
you can take a charitable deduction in the year transferred and the
approximate cash surrender value of the policy will be removed from
your taxable estate. This gift cannot be revoked or the beneficiary
designation changed. |
| Another option you may choose is to purchase a new policy placing
ownership in the Foundation. You will pay the annual premiums which
will entitle you to deduct these payments annually as a charitable
deduction for tax purposes. |
| Giving life insurance has many advantages. You may find this an
easy and affordable way to fulfill your desire to provide for God's
work as defined in the mission of the Church Foundation. |
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Contact
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Accounting Manager
Saratoga Federated Church
14370 Saratoga Avenue
Saratoga, CA 95070
Phone: 408-867-1000 x241
FAX: 408-867-6012 |
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