Life Insurance

When you obtained your life insurance policy, you may have had a need for them, but perhaps you do not need all that coverage today.

If you are thinking about a contribution to Easterseals New Hampshire, a gift of your life insurance could be a good option. If you make Easterseals New Hampshire the policy owner and you itemize your taxes, you will receive an income tax deduction of the policy’s fair market value or cost basis, if lower, on the date of the gift. If you name us as the beneficiary of the policy (and retain ownership), you won’t be eligible for current tax benefits because the gift is revocable at any time.

Whether you name us as owner or beneficiary of the policy, your estate will not pay estate taxes on the policy proceeds we receive.

For more information, please contact Kathy Flynn at [email protected] or 603.621.3413.