Life Insurance to Replace Gift—Wealth Replacement

Life Insurance to Replace Gift Diagram. Description of image is listed below.

How It Works

  1. You make a gift to Life's WORC
  2. You give the tax savings from the charitable deduction to your children
  3. Your children purchase an insurance policy on your life with the tax savings
  4. Your children will receive the proceeds upon your death

Benefits

  • You can make a significant gift to Life's WORC without diminishing the amount your family will receive
  • Your tax savings finance this life insurance policy

More Information

Contact Us

Planned Giving Administrator
516-741-9000, ext. 2100
plannedgiving@lifesworc.org

 

Life’s WORC
1501 Franklin Avenue
Garden City, NY 11530

Federal Tax ID Number: 23-7209731

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