Hudson River Stewards: Scenic Hudson's Planned Giving Society

• Introduction
• Wills and Bequests
• Pooled Income Fund
• Life Ins. Policies
• Retirement Funds
• Charitable Remainder Trusts (CRTs)
• Pension Protection Act of 2006
• More Information

Life Insurance Policies

Consider gifting a life insurance policy to Scenic Hudson. If you no longer need all the life insurance coverage you purchased years ago, you might think about it as an asset you could give to Scenic Hudson. This is an easy way to make a large gift with little cost to yourself.

Benefits of a Life Insurance Policy

• Save taxes this year if you transfer ownership of a policy that has a cash surrender value.
• If you continue to pay the premiums, those payments are deductible as charitable gifts.
• Remove the value of the life insurance from your taxable estate.

“I love this land and don't want it developed after I'm gone. Working with Scenic Hudson, I've managed my assets and safeguarded this property forever. They took time to understand my wishes and have the integrity and professionalism to turn my vision into a lasting reality.”
—Gerald Morgan, Jr., Hyde Park