You transfer ownership
of a paid-up life insurance policy to the Yellowstone Park Foundation (YPF).
The YPF elects
to cash in the policy now or to keep the policy and receive the death
benefit later.
Benefits
You receive gift credit and an immediate
income tax deduction for the cash surrender value of the policy (technically,
the “interpolated terminal reserve value” of the policy).
You can have the satisfaction of making a
significant gift now to the YPF without adversely affecting
your cash flow.
If you are considering a gift of life insurance, email us,
complete the personal illustration form, or
call us at 406.586.6303 so that we can assist you through every step
of the process.