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 Institute for Public Service
  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 Institute for Public Service without diminishing the amount your family will receive
  • Your tax savings finance this life insurance policy

Contact Us

Kristen Davis
Director of Development
(865) 974-6621
kristen.davis@tennessee.edu
ips.tennessee.edu

UT Institute for Public Service
1610 University Avenue
Knoxville, TN 37921
Federal Tax ID Number: 62-1844686

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