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

Contact Us

Cheryl McLaughlin
614-888-7800, ext. 1047
cmclaughlin@ohioliving.org

Ohio Living Foundation
9200 Worthington Road, Suite 300
Westerville, OH 43082

Federal Tax ID Number 31-1166164

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