What’s the better financial vehicle in which to leave a charitable donation when I pass away? Should I purchase a CD / Annuity, or use a Whole Life Insurance policy instead?
Well, the answer depends on your age, your health, and how long you live – the latter of which we simply do not know.
John is a healthy 70 year old male. John has $100,000 liquid that he doesn’t need to live on, and want to make sure this money goes to his church upon his passing.