Life insurance has many uses in Charitable Gift Planning. As a way to provide a benefit to a charity and to also provide tax or other financial benefits to the donor.  Life insurance can be used in situations which other assets cannot. A wide variety of complex charitable planning strategies are available to assist donors with substantial assets in maximizing both the personal and societal benefits of their legacy planning.  Whether contributing a paid-up policy, ongoing premium policies, employing charitable remainder trusts, or simply using life insurance to replace assets left to charities Chesapeake Brokerage can help you to navigate the complex world of charitable plan design and underwriting.