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

Contact Us

Ben Chevrette
Vice President, Development
781-239-4025
bchevrette@babson.edu

Babson College
231 Forest Street
Babson Park, MA 02457
Federal Tax ID Number: 04-2103544

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