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Planned Giving

  201-833-3014    |      cdavey@holyname.org

Life Insurance to Replace Gift—Wealth Replacement

Life Insurance to Replace Gift Diagram

How It Works

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

More Information

Contact Us

Cathleen Davey
President, Holy Name Foundation
Vice President for Development, Holy Name
201-833-3014
cdavey@holyname.org

 

Holy Name
718 Teaneck Road
Teaneck, NJ 07666

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