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When You Inherit Money From Your Parents (life Insurance Bank Account) Are These Taxable Income?

Posted November 29, 2009 – 4:24 am in: structured settlements FAQ

I’ll be getting $10,000 life insurance as a beneficary and also $100,000 from the checking account of my parents who died. These are split with 4 ways with my brothers and sisters and that above is my share.

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