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 The University of Alabama
  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 The University of Alabama without diminishing the amount your family will receive
  • Your tax savings finance this life insurance policy

More Information

Contact Us

Dr. Vance Bristow
Assistant Vice President for Planned Giving
205-348-4770
Vance.bristow@ua.edu

 

The University of Alabama
355 Rose Administration Building, Box 870123
Tuscaloosa, AL 35487
Federal Tax ID Number: 63-6001138

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