Life Star Charitable
Create the Legacy of a Lifetime®
We Help Your Senior Donors Give More℠
Life Star Charitable provides specialized legacy and philanthropic advisory services for universities, foundations and charitable organizations.
We help organizations engage senior donors earlier, involve families in the legacy-development process and introduce a broader spectrum of assets that may be used to support long-term charitable objectives.
Discuss a Charitable Program→The Power of Legacy
The Power of Legacy
Legacy giving is more than a future bequest.
For many donors, a legacy represents an opportunity to make a meaningful impact during their lifetime while also creating a lasting connection between their family and the organizations they support.
Life Star helps charitable organizations develop a structured process for engaging senior donors in conversations about legacy, philanthropy and complex assets.
01
Start Earlier
Begin legacy-development conversations earlier in the donor relationship.
02
Involve the Family
Encourage thoughtful involvement from children, spouses and other important family members.
03
Expand the Opportunity
Help donors understand the broader range of assets that may potentially support their philanthropic objectives.
A Life Star Charitable Concept
The Legacy Planning Center℠
A structured environment for turning philanthropic intent into a comprehensive legacy strategy.
The Life Star Legacy Planning Center℠ is designed to help charitable organizations establish an organized pathway through which senior donors and their families can explore potential legacy-giving opportunities.
Rather than focusing exclusively on traditional bequests, the Legacy Planning Center℠ can help facilitate discussions involving a broad spectrum of charitable assets.
The process may include coordination with the donor's existing legal, tax, estate and financial professionals when appropriate.
Learn About the Legacy Planning Process→A Structured Pathway
Connect philanthropic intent with a comprehensive plan
Engage senior donors and their families
Coordinate with existing professional advisors
Explore a broad spectrum of charitable assets
Complex Asset Giving
Expand the Definition of Giving
A legacy can be built from far more than cash.
Cash
Traditional charitable contributions and immediate gifts.
Life Insurance
Existing life insurance policies may represent an overlooked source of potential charitable value.
Stocks & Securities
Publicly traded securities and investment assets may be incorporated into broader philanthropic strategies.
Real Estate
Real property can represent a substantial component of a donor's overall estate and charitable planning.
Family Endowments
Long-term family-focused giving structures can create a lasting connection between generations and charitable organizations.
Memorial Gifts
Structured giving designed to honor a family member, individual or important legacy.
Directed Endowments
Funding designated toward specific programs, causes or organizational priorities.
General Endowments
Long-term unrestricted or broadly designated philanthropic capital.
Bequests
Future estate gifts forming part of a donor's long-term legacy strategy.
Other Complex Assets
Additional non-cash assets may be considered in coordination with appropriate professional advisors.
Available charitable strategies depend upon the donor, asset type, organization, applicable law and the advice of the donor's legal, tax and financial professionals.
Senior Life Policy Donation Program
Senior Life Policy Donation Program
An existing life insurance policy can sometimes represent a significant financial asset.
Life Star works with charitable organizations and eligible senior policy owners to evaluate life insurance policies and determine whether secondary-market opportunities may exist.
When appropriate, the policy owner may elect to pursue a sale and use some or all of the resulting proceeds to support a charitable organization.
Life Star provides support through the evaluation and market process.
01
Policy Information
Collect relevant policy documentation, statements and available illustrations.
02
Insurance Review
Analyze the policy structure, coverage and economics.
03
Market Valuation
Evaluate potential secondary-market eligibility and value.
04
Investor Preparation
Prepare appropriate information for qualified market participants.
05
Competitive Market Process
Present qualifying opportunities to appropriate institutional buyers.
06
Offer Review
Present available offers to the policy owner.
07
Client Decision
The policy owner maintains the right to accept or reject any proposed transaction.
08
Transaction Completion
If accepted, proceed through documentation, carrier requirements and closing.
Life settlement transactions are subject to eligibility, underwriting, investor interest, applicable regulation and other requirements. No policy owner is obligated to accept an offer.
A Potential Charitable Asset
Uncover value within an existing life insurance policy.
Charitable organizations are offered a structured, professionally supported process for evaluating senior donor policies that may contribute to philanthropic objectives.
Discuss a Charitable Program→Institutional & Charitable Support
A Complete Program, Not Simply a Transaction
Training & Education
Life Star can provide educational support designed to help advancement and planned-giving professionals understand life insurance and secondary-market opportunities.
Donor Discussion Support
Life Star can participate in appropriate donor discussions when specialized life-insurance expertise is beneficial.
Marketing Support
Development of educational materials, program concepts, technical information and donor-facing communications.
Market Execution
Life Star manages appropriate secondary-market analysis, investor outreach, offer review and transaction support.
We Help Your Senior Donors Give More℠
Create the Legacy of a Lifetime®
Partnering with charitable organizations to help senior donors create lasting legacies.