Is Giving My Life Insurance Policy Away To A Charity A Good Idea? 
The idea of giving life insurance proceeds to your favorite charity can be a noble idea . If there are no loved ones or business interest that would suffer a financial loss at your death , a charity can be a wonderful idea for these tax free proceeds . Be sure and seek advice from your attorney or speak to the charities accountant department to be sure you list the beneficiary properly on the policy to help them avoid unnecessary taxation of the charity . Congratulations on your noble idea . 