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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 Palm Beach Day Academy
  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 Palm Beach Day Academy without diminishing the amount your family will receive
  • Your tax savings finance this life insurance policy

More Information

Contact Us

Patty Gibbons
Director of Philanthropy
561.655.1188
pgibbons@pbday.org
Federal Tax ID Number: 59-0873834

 

Palm Beach Day Academy
Attn: Amy Mauser
241 Seaview Avenue
Palm Beach, FL 33480

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