The Residual Beneficiary Life Insurance plan is an intentionally purchased whole-life or term insurance policy that fills the specific needs of the purchaser with residual benefit to Habitat. For example, let’s say George Giver desires to purchase a small policy to pay for his final expenses, provide special gifts to two beneficiaries and leave a legacy gift to Habitat. He might purchase a $50,000 level-term policy with his instructions as follows: $15,000 for final expenses; $10,000 each to two individual family members; and $15,000 or the remainder to Habitat. This intentional-giving plan has many variations. The giver may prefer to allow Habitat to own the policy while paying the premiums and writing them off as tax deductions. In this way, Habitat enjoys the gift benefit in the present and future.