Life Insurance to Replace Gift—Wealth Replacement

How It Works

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

Next Steps

• Read a detailed description of this gift
• Contact us to learn more about this gift plan or other options
• Request an eBrochure with more information about this gift