Life Insurance to Replace Gift—Wealth Replacement

Life Insurance to Replace Gift Diagram

How It Works

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

More Information

Contact Us

Mark Kraus
Development Director
Office: 231-355-9484
Cell: 231-519-2619
mkraus@truenorthservices.org

 

TrueNorth Community Services
6308 S. Warner Avenue, PO Box 149
Fremont, MI 49412

Federal Tax ID Number: 38-6158533

Back

© Pentera, Inc. Planned giving content. All rights reserved.
Disclaimer