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

More Information

Contact Us

Juliette McKenna
Chief Development Officer
516.666.0469
jmckenna@sco.org


Christopher McGovern
Assistant Director of Development
516-981-0425
cmcgovern@sco.org

 

SCO Family of Services
1415 Kellum Place, Suite 140
Garden City, NY 11530

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