Life Insurance to Replace Gift—Wealth Replacement

Life Insurance to Replace Gift Diagram

How It Works

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

More Information

Contact Us

Nancy Uzo
VP Public Affairs
Tel: (631) 476-2723
Email: nuzo1@northwell.edu

 

Mather Hospital
75 North Country Road
Port Jefferson, NY 11777

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