Life Insurance

A paid-up policy that your family or business partner no longer needs makes a nice gift to the ATS.  Life insurance can also be employed as wealth replacement for your estate beneficiaries, because life insurance proceeds are non-taxable as part of the estate.  A large charitable gift of cash or real property can be replaced with a life insurance policy, thus effectively removing taxable property from the estate and preserving a larger inheritance for your family.

To learn more, contact Crystal Williams, Senior Manager, Foundation Administration at cwilliams@thoracic.org or phone 212-315-6464.