Philanthropists donate life insurance policies to charitable organizations, naming them as owner or beneficiary. There may be cases where the organization may need large amounts of cash. In these instances, the charitable organization can elect to explore the Life Settlement alternative. Blackhawk Wealth can assist these charitable organizations negotiate the highest settlement amount, while taking care of all settlement details along the way. Blackhawk Wealth can assist both seniors and charitable organizations in the liquidating of their life insurance policies, while obtaining the highest possible cash settlements and numerous offers.

Many nonprofit organizations are sitting on several life insurance policies that if needed could be sold currently to produce current dollars for:

• Replace funds from endowments lost due to poor investment performance
• Use for current capital needs
• Supplement budgets for today’s programs

Non-Profit Organizations

Blackhawk Wealth will work directly with the Trustees of Charitable Foundations as a consultant to review gifts of life insurance contracts owned by the organization, and to determine which policies might qualify for a life settlement and advise the organization appropriately. In addition, Blackhawk Wealth will negotiate with numerous buyers of life policies to negotiate for the highest settlement offer for the organization, while taking care of all the administrative details of the transaction.