Commercial Annuities

A Smart Gift to Leave to Conservation Law Foundation

Like retirement plan assets, commercial annuities provide for tax-deferred growth while the owner is living. Because distributions from commercial annuities are subject to income taxes, they are often considered among the best assets to leave to charity. Due to our tax-exempt status, Conservation Law Foundation can receive your commercial annuity completely tax-free. The best way to give a commercial annuity in support of our work after your lifetime is to name us as beneficiary.

Making this gift is as simple as updating your beneficiary form with your bank or insurance company. You can designate us as the primary beneficiary for a percentage or specific amount. You can also make us the contingent beneficiary so that we will receive the balance of your policy only if your primary beneficiary doesn’t survive you.

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Next Steps

  1. Contact Kate Saunders at 617.850.1738 or ksaunders@clf.org for additional information on commercial annuities.
  2. Seek the advice of your financial or legal advisor.
  3. If you include Conservation Law Foundation in your plans, please use our legal name and federal tax ID.

Legal name: Conservation Law Foundation
Address: 62 Summer Street, Boston, MA 02110-1016
Federal tax ID number: 04-614 9986

Personal Estate Planning Kit

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This comprehensive estate planning kit helps you protect your family and establish your legacy. FREE!

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