A gift of a life insurance policy can often be the easiest gift to make.
Most people have life insurance policies and many have outlived their original purpose.
Perhaps you bought a policy to provide for a college education that has been completed, or to pay mortgage that has already been paid off. By contributing your policy to AOTF, you will be entitled to a tax deduction for its full cash value. Buy a new policy - This is a way to make a larger gift than you might otherwise be able to make by naming AOTF as a beneficiary. If you name AOTF as a owner and beneficiary, the premiums you pay can be deducted on your tax return. Give a single premium policy - Purchase a single premium policy with AOTF as the owner and beneficiary, and the premium payment is tax deductible.