How You Can Use a Life Insurance Policy for Charitable Donations

How You Can Use a Life Insurance Policy for Charitable Donations

You already know that having the proper life insurance policy also means having long-term financial protection, but what you might not know is that those policy proceeds can be used for charitable donations as well. In a guest column in the Lafayette Advertiser, life insurance professional Georgianna Latino notes that policyholders can name selected charities as beneficiaries of their policies – and benefit from tax deductions as well. Latino details how your life insurance policy can…

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