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 Albertus Magnus College
  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 Albertus Magnus College without diminishing the amount your family will receive
  • Your tax savings finance this life insurance policy

More Information

Contact Us

Kierran Broatch
Assistant Vice President for Advancement
(203) 773-4476
kbroatch@albertus.edu
Federal Tax ID Number: 06-0646520

 

Albertus Magnus College
Attn: Kierran Broatch
Office of Advancement
700 Prospect Street
New Haven, CT 06511-1189

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