Life Insurance to Replace Gift—Wealth Replacement

Life Insurance to Replace Gift Diagram

How It Works

  1. You make a gift to Catholic Charities
  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 Catholic Charities without diminishing the amount your family will receive
  • Your tax savings finance this life insurance policy

More Information

Contact Us

Jocabel Michel Reyes
Chief Development Officer
667-600-2012
jreyes@cc-md.org

 

Catholic Charities of Baltimore
320 Cathedral Street
Baltimore, MD 21201

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