Insurance and Real Estate Gifts
Life Insurance Gifts
If you no longer need life insurance, consider donating the policy to Bideawee. This will give you a charitable tax deduction for the approximate cash
surrender value of the policy and help you to further our mission to help animals.
You can also use a life insurance policy to create a legacy for Bideawee as beneficiary or contingent beneficiary. To change this, you would need to complete a change of
beneficiary form with your life insurance company.
Real Estate Gifts
Real estate that you own may have appreciated so significantly in value that its sale would create a substantial tax burden. By making a gift of real
estate to Bideawee, you may be able to avoid capital gains taxes and receive a charitable tax deduction for the full fair market value of the property. It is also possible
to make a gift of your primary residence or second home while retaining an exclusive life estate so that you can continue to use the home for the rest of your life while
obtaining great tax and estate planning benefits. Bideawee reserves the right to evaluate each real estate gift before acceptance.
