Life insurance is a simple and effective way to take part in the work of the Jérôme Lejeune Foundation. Thanks to its legal and tax-efficient structure, it allows you, after eight years, to transmit to the charity of your choice a capital that is exonerated from taxes and estate taxes.
“As the head of a business for a dozen years, I am lucky to be able to earn a good living. I have always been touched by persons who dedicate their lives to help those who suffer.
It is for that reason that I regularly support several organisations. Finally, I have decided to transmit the capital of my life insurance to the Jérôme Lejeune Foundation. By designating it as the beneficiary I know that I am participating seriously in the research for a lasting solution for many Down syndrome persons. For me, it is an investment as well as a contribution to the world in which my children will live.”
Jacques, 55 years old.
Several years ago I took out life insurance and today I would like the Jérôme Lejeune Foundation to be the beneficiary. Is this possible?
If you have already taken out life insurance, you may very easily modify it in favour of the Jérôme Lejeune Foundation. To do so, you only need to contact the bank or insurance company from which you have taken out the life insurance.
How can I transmit the capital of my life insurance to the Jérôme Lejeune Foundation?
It is very simple: in your life insurance contract, the “beneficiary clause” allows you to freely designate the beneficiary(ies) of the contract, whether natural persons or legal entities. You may also specify if you wish to transmit to your beneficiary all or part of the capital of your life insurance.
How can I be sure my wishes to support the Jérôme Lejeune Foundation will be respected ?
In order to avoid any confusion, it is important to clearly identify the beneficiary(ies) by writing their names and addresses in the contract. In addition, if you have chosen the Jérôme Lejeune Foundation, please let us know in a letter*.
“I designate as beneficiary the Jérôme Lejeune Foundation, 37 rue des Volontaires, 75725 Paris Cedex 15”
“I designate as beneficiaries Ms Dupont, residing at (address) for half and the Jérôme Lejeune Foundation, 37 rue des Volontaires, 75725 Paris Cedex 15 for the other half”.
*Law 2007-1775 of 17 December 2007 provides a limit for the irrevocability of a life insurance contract in case of simple acceptance by its beneficiary.
“To tell the truth, I find inheritance matters are always complicated.
I don’t want my children to feel hurt or to reproach me for having left part of my estate to an association. At the same time, I have always supported certain charities and I want to be faithful to them to the end. Several years ago, after discussing it with my children, I decided to take out life insurance.
On my death, the capital of the life insurance will be paid directly to the Jérôme Lejeune Foundation. The estate will go to my children. For me, life insurance is the guarantee of a good compromise.”
Josiane, 64 years old.