Life insurance may offer an attractive and easy way to make a major gift to Glenbow Museum. If you have a current policy, you may want to name Glenbow Museum as a beneficiary or contingent beneficiary. Any benefit Glenbow Museum receives from your insurance will be excluded from your taxable estate.
By taking the extra step of naming Glenbow Museum the irrevocable beneficiary and owner of your life insurance policy, you can obtain an immediate income tax charitable deduction equivalent to either the policy's cash surrender value or replacement value. If additional premiums are due, you can deduct those payments as charitable contributions each year.
For more information on giving to Glenbow, please contact:
Director of Development
All inquiries are confidential and without obligation.
The purpose of this web page is to provide information of a general nature only. Advice from your own legal and financial counsel should be sought when considering any gift arrangement.