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Life Insurance to Replace Gift—Wealth Replacement

Life Insurance to Replace Gift Diagram

How It Works

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

More Information

Contact Us

Heather Harlan Warnack

Heather Harlan Warnack
Director of Development
hwarnack@gilman.edu

Mary Ellen Porter

Mary Ellen Porter
Associate Director of Development &
Director of Planned Giving
meporter@gilman.edu

 

Gilman School
5407 Roland Avenue
Development Office
Baltimore, MD 21210
410-323-7178

Federal Tax ID Number: 52-0591604

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