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 Maryknoll Fathers and Brothers
  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 Maryknoll Fathers and Brothers without diminishing the amount your family will receive
  • Your tax savings finance this life insurance policy

Contact Us

Cynthia Lynch, CFRE
Unit Manager, Major and Planned Giving
914-559-2374
clynch@maryknoll.org

Catholic Foreign Mission Society of America, Inc.
PO Box 345
Maryknoll, NY 10545-0345
Federal Tax ID Number: 13-1740144

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