Life Insurance Policy

Life Insurance Policy Diagram. Description of image is listed below.

How It Works

  1. You assign all the rights in your insurance policy to Family Services, designate us as irrevocable beneficiary, and then receive an income-tax deduction
  2. Family Services may surrender the policy for its cash value or hold it and receive the proceeds at your death

Benefits

  • You receive a federal income-tax deduction
  • If premiums remain to be paid, you can receive income-tax deductions for contributions to Family Services to pay these premiums
  • You can make a substantial gift on the installment plan
  • Family Services receives a gift they can use now or hold for the future

 

Contact Us

Michelle Speas, CFRE
(336) 778-7053
mspeas@familyservicesforsyth.org
Tax ID #87-2798936

Family Services
1200 South Broad Street
Winston-Salem, NC 27101

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