If your fully-paid life insurance policy is no longer needed to provide security for grown children or other loved ones, you could make the Southern Environmental Law Center a beneficiary of all or part of your funds. Or you could give your policy to SELC and make us your beneficiary. This entitles you to a current income tax deduction.
If an ongoing tax deduction is attractive to you, consider purchasing a new life insurance policy (or converting an existing, in-process policy) and giving it to SELC with our organization as the designated beneficiary. Your ongoing premium payments are then tax deductible, and you receive an additional income tax deduction at the time of the gift.
Consult your attorney or insurance agent to designate the Southern Environmental Law Center (Federal Tax ID Number 52-1436778) as sole or shared beneficiary of your life insurance policy.