Life Insurance to Replace Gift—Wealth Replacement
An important but frequently overlooked role of life insurance is the one it can play in charitable gift planning. Life insurance itself can be the direct funding medium for a gift, permitting the donor to make a substantial gift (face value of policy) for a relatively modest annual outlay (i.e., the premium payment). Life insurance can also be used to replace an asset that has been given to CRC.
How It Works
After a donor makes a gift to CRC, the tax savings produced by the charitable deduction are used by his or her children or an irrevocable trust to purchase and pay the premiums on an insurance policy on the donor's life. Such an arrangement can ensure that the interests of family beneficiaries will not be adversely affected.
Request an eBrochure
Which Gift Is Right for You?
Contact Us
Julie Taylor
National Director of Philanthropic Partnerships
(202) 464-2043
development@capitalresearch.org
Capital Research Center
ATTN: Julie Taylor
1700 N. Moore St., Suite 2010
Arlington, VA 22209
Federal Tax ID Number: 52-1289734
© Pentera, Inc. Planned giving content. All rights reserved.
Disclaimer