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Welcome to Gift Planning > What to Give > Life Insurance > Life Insurance Policy

Life Insurance Policy

Diagram Description

How It Works

1. You assign all the rights in your insurance policy to ETF, designate us as irrevocable beneficiary, and then receive an income-tax deduction
2. ETF may surrender the policy for its cash value or hold it and receive the proceeds at your death

Benefits

• You receive a federal income-tax deduction
• If premiums remain to be paid, you can receive income-tax deductions for contributions to ETF to pay these premiums
• You can make a substantial gift on the installment plan
• ETF receives a gift they can use now or hold for the future

More Information

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Request an eBrochure with more information about this gift.

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Contact Us

Angelia Nystrom (865) 524-1223, ext. 121 anystrom@etf.org Federal Tax ID Number: 62-0807696

East Tennessee Foundation ATTN: Angelia Nystrom 520 W. Summit Hill Drive, Suite 1101 Knoxville, TN 37902

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