Planned Giving

Life Insurance to Replace Gift—Wealth Replacement

Life Insurance to Replace Gift Diagram

How It Works

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

More Information

Contact Us

Ann Sponberg Peterson '83
Associate Vice President for Advancement
507-933-7543
annpeterson@gustavus.edu

Luke Hanson, MBA, CFRE
Director of Planned and Reunion Giving
Mobile Phone: (612) 400-4074
Campus Phone: (507) 933-7512
lhanso11@gustavus.edu

 

Gustavus Adolphus College
800 West College Avenue
Saint Peter, Minnesota, 56082

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