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Planned Giving

Life Insurance to Replace Gift—Wealth Replacement

Life Insurance to Replace Gift Diagram

How It Works

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

More Information

Contact Us

Jennifer Rice
Vice President of Philanthropy
jrice1@bilh.org
508-830-2423

 

Beth Israel Deaconess Hospital-Plymouth
275 Sandwich Street
Plymouth, MA 02360

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