Including Daily Bread Food Bank as a beneficiary in your Will allows you to make a larger gift than you might have thought possible. Also, a bequest provides charitable tax credits for your estate.
The Gift of Life Insurance
The Daily Bread Food Bank can be the beneficiary of a life insurance policy, with the benefits of that policy going directly to Daily Bread upon death. This arrangement ensures the proceeds don’t pass through your estate — circumventing probate — which entitles your estate to a tax benefit.