shopify analytics ecommerce
tracking

Charitable Giving

Effects Of Charitable Giving

Charitable giving allows for a reduction in estate taxes. Because of this people have a tremendous incentive to contribute to charity upon their death.

It also gives them an incentive to contribute to charities during their lifetime.

If the portion of a persons estate that is exempt from estate taxes is increased from $675,000 to $2,000,000 or $3,500,000 giving to charity would be reduced by less than 3%. Giving would be reduced much more if the Federal Estate Tax was entirely rescinded.


Want to protect your family with life insurance? Take a Free look at Top Quality Life Insurance Quotes from a Highly Rated Carrier and Save. Click Here For More Info


  • Estate tax rates will progressively diminish each year through 2009 and totally disappear in 2010. As a result the amount of an estate exempt from Federal Estate Tax increases. There is bound to be some effect on the amount of money people give to charities. People give to charities for many reasons but the reduction of estate taxes is certainly a great incentive. No Estate Taxes means less contributions to charity.

    Using life insurance as a tool to make contributions to your favorite charity at the time of your death is recommended as life insurance will allow for larger contributions. Life insurance proceeds are guaranteed by the life insurance company. Premiums can be tax deductible if the charity is the owner and beneficiary of the policy. Thus the policy would not be a part of your estate. The proceeds would not be subject to Federal Estate Taxes.

    Charitable giving is more commonplace than most people realize. The amount of the contribution usually depends on the size of your anticipated estate.

The information on this page, relating to giving, is no longer viable as Federal Estate Taxes has been reinstated.


Shop and compare Insurance Rates from 100's of the Top Carriers. Get the Best Quotes possible. Save up to 70%. Click Here For Free Quotes


Home Charitable Helpful Giving Estate Planning Family Protection Financial Security 5 Year Term Insurance 10 Year Term Insurance 15 Year Term Life Insurance 20 Year Term Insurance 25 Year Term Life Insurance 30 Year Term Insurance Decreasing Term Life Insurance Whole Life Insurance Rate Quote Explanation Of Term Life Insurance Beneficiaries Of Unclaimed Life Insurance Incontestability Waiver Of Premium Accidental Death Benefit Universal Life Insurance Variable Universal Life Insurance Variable Life Insurance Quote

Tools And Resources

Life Insurance Need Calculator

Recent Articles

  1. Term Life Insurance - Everything You Want To Know

    Term life insurance is life insurance in it's simplest form. These policies stay in force for a specific number of years, for example, 5 years 10 years etc.

    Read More

  2. Whole Life Insurance Options - Basic And Alternative Whole Life Plans Explained

    Whole life insurance is the plan of choice for many people. There are many variations to this plan.

    Read More

  3. Universal Life - Extending The Possibilities

    Universal life insurance was designed with the express intention of combatting the venerable whole life insurance policy.

    Read More

  4. Term Insurance Quotes - Prepare Before You Get Quotes

    Are you looking for quality term insurance quotes? Have you determined how much you need? Do you know what type of term insurance is best for you?

    Read More

  5. Term Insurance Online - Buy Term Life Insurance Online

    In many cases it is a good idea to buy term insurance online. Some people know just how much life insurance they want to buy before they get online.

    Read More