Life Insurance to Replace Gift—Wealth Replacement
How It Works
- You make a gift to Northwell Health Foundation
- You give the tax savings from the charitable deduction to your children
- Your children purchase an insurance policy on your life with the tax savings
- Your children will receive the proceeds upon your death
Benefits
- You can make a significant gift to Northwell Health Foundation without diminishing the amount your family will receive
- Your tax savings finance this life insurance policy
More Information
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Alexandra P. Brovey, J.D., LL.M. |
Hazel Paulino |
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