Insurance Wealth Replacement Planning

With the assistance of our team of trust and estate planning advisors, Delta Trust Insurance Agency can assist you with large charitable gifts.

A donor will make a gift to their favorite charity or foundation by establishing a Charitable Remainder Trust. This gift is often made with highly appreciated property that would be taxed if sold by the donor. The Charitable Remainder Trust receives the gift for the benefit of the charity or foundation and the donor receives income from the trust. A portion of the income and/or the tax savings from the gift are often used to establish another trust that will own life insurance on the donors. At the time of the donor's death, the charity receives the gifted asset and the donor's beneficiaries receive the insurance proceeds tax free from the insurance trust.

Please contact your Delta Trust Insurance Advisor to assist you with this unique estate planning strategy.