About Bequests

If you are interested in supporting Cedar Community with a gift from your estate, a bequest may be the right tool for you. A bequest is a gift made through your will or trust. It is one of the most popular and flexible ways you can leave your legacy of compassion and caring.

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Gifts of Insurance

A gift of your life insurance policy (whole life, variable, and universal life) is an excellent way to make a gift to Cedar Community. If you have a life insurance policy that has outlasted its original purpose, consider making a gift of your policy to Cedar Community. For example, you may have purchased a policy to provide for minor children and they are now financially independent adults.

Gift of Insurance
Insurance
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COMMUNITY
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Benefits of gifts of life insurance

  • Receive a charitable income tax deduction
  • If Cedar Community retains the policy to maturity, you may receive additional tax deductions by making annual gifts to offset premium costs
  • If we retain the policy to maturity, the proceeds of your policy will be paid to our organization so that we can use the proceeds to continue the mission of Cedar Community

How to make a gift of life insurance

To make a gift of life insurance, please contact your life insurance provider, request a beneficiary designation form from the insurer and include Cedar Community as a beneficiary of your policy.

Contact us

If you have any questions about making a gift of a life insurance policy, please contact us. We would be happy to answer questions that you have.

Also, please let us know if you have already named Cedar Community as a beneficiary of your life insurance policy. We would like to thank and recognize you today for your gift of tomorrow.

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