The Right Choice for Your Success

Life Insurance to Replace Gift—Wealth Replacement

Diagram Description

Life Insurance to Replace Gift Diagram. Description of image is listed below.

How It Works

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

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Which Gift Is Right for You?

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Contact Us

Amy Crosby
Interim Executive Director
(309) 298-1828
al-crosby@wiu.edu

Foundation and Development
303 Sherman Hall / 1 University Circle
Macomb, IL 61455 USA
Federal Tax ID Number: 37-0910458

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