Can I Make My Estate The Benficiary Of My Life Insurance?
Posted June 26, 2009 – 4:25 am in: structured settlements FAQI have about $800,000 in life insurance. I am divorced and have some other assets as well. My will is set-up that my five children each get 20%, plus their mother and my mother get some cash.
Can I just make my “estate” the beneficiary of my life insurance after my death, and then [...]
How Is Nj And Federal Estate And Income Tax Handled For Annuities And Life Insurance?
Posted May 31, 2009 – 6:06 pm in: structured settlements FAQServing as executor – both parents passed in 2005. How is the Estate and Income Tax handled for both New Jersey and Federal returns on Annuities and Life/Term Insurance. Not sure what is taxable as Income and what is taxable to Estate. Also, not sure who pays the taxes, beneficiary or estate on the income [...]
1 Comment | Tags: Annuities, Estate, Federal, Handled, Income, Insurance, Life
