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

More Information

Contact Us

Rick Henderson
Chief Advancement Officer
860.210.3804
rhenderson@cbury.org

 

Canterbury School
101 Aspetuck Avenue
New Milford, CT 06776
Federal Tax ID Number: 06-0646566

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