Do We Have To Pay Tax For Life Insurance? When Cashed?
Posted November 2, 2009 – 4:27 pm in: structured settlements FAQI have been buying life insurance for my father, He die recently and I am a benefitsary so that when I receive that money, Do I have to pay tax on that money?
3 Comments | Tags: Cashed, Have, Insurance, Life, WhenIs There A Time Limit On When A Life Insurance Policy Can Be Cashed In?
Posted May 30, 2009 – 6:38 am in: structured settlements FAQMy grandmother passed away last year and my dad is the beneficiary of her life insurance policy. He’s still in denial that she’s gone, so he still isn’t going anything with any of her assets. I’m worried that if he waits too long that there may be some restriction on how long he [...]
3 Comments | Tags: Cashed, Insurance, Life, Limit, Policy, There, Time, When
