"The black sheep of planned-giving vehicles" is not inherently inappropriate, says this article on charitable uses of life insurance. Rather, its traditional uses are simply overshadowed by bad press.
This Planned Giving Design Center article highlights the benefits of using life insurance as a planned-giving vehicle: it leverages modest means, "self-completes," and sidesteps jealous heirs.
Authors and insurance advisors Michael Brink and Bryan Clontz also outline ten creative methods for making a gift with life insurance.
- Professional Area: Fundraising/giving