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

Contact Us

Lara R. Hermann, CFRE
Director of Gift Planning Office of Advancement & Alumni Engagement
608.363.2650
hermannlr@beloit.edu

Beloit College
ATTN: Lara R. Hermann
700 College Street
Beloit, WI 53511
Federal Tax ID Number: 39-0808497    

Back

This site uses cookies to improve your experience. Read our Web Privacy Policy for more information.

Got it! ×