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

Contact Us

Bethany K. Goolsby, JD
Associate Vice Chancellor for Development
(901) 448-8212
bgoolsby@uthsc.edu

The University of Tennessee
Health Science Center
62 S. Dunlap, Suite 500
Memphis, TN 38163

Back