PLANNED GIVING NOTE! We buy life insurance to help provide financial assistance and security for loved ones upon our death. As life unfolds for many of us, however, the original beneficiary no longer requires financial support. What then? There are various ways of managing this situation, and it’s always wise to consult a financial planner before acting on your own. But one excellent way is to re-designate as beneficiary a non-profit whose purposes have been near and dear to you in life. Such as Tusculum University! Yes, you can designate all or part of the life insurance benefit to Tusculum. Again, consult with your financial planner to assure that this change is processed correctly and in the most advantageous way for all concerned. But generally, this is a fairly simple and generous strategy by which your gratitude for Tusculum’s blessings in life may continue to bless others after our earthly life and work are finished.
Richard D. Raum
PCUSA Pastor, retired
Planned Giving Specialist, Tusculum University
701-226-2084