Planned Giving

Life Insurance to Replace Gift—Wealth Replacement

Life Insurance to Replace Gift Diagram

How It Works

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

More Information

Contact Us

Beth Stresser
Director of Gift Planning
Lake Forest College
847-735-6020
bstresser@lakeforest.edu

 

Lake Forest College
Attn: Gift Planning
555 North Sheridan Road
Lake Forest, IL 60045

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