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Tracking Life Insurance Payments

I have two whole life policies which I will continue to make payments on for about 10 years at which point they will be fully paid up, and payments will stop. How would I enter this data. Also the idea is at some point to start withdrawing money from the policy (probably as a loan so as not to trigger tax). How is this accounted for?


Special Expenditures for the payments (probably in dollars if you're making a constant payment). Special Receipts for the loan. Special Receipts for the loan repayment (if any).


Dick Munroe