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

More Information

Contact Us

Mark LaFontaine
Assistant Head of School for Advancement
330-650-9704
lafontainem@wra.net

 

Western Reserve Academy
115 College St.
Hudson, OH 44236
Federal Tax ID Number: 34-0714390

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