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Can You Carry A Life Insurance Policy On A Family Memeber Without Their Permission?

Posted May 23, 2009 – 12:10 pm in: structured settlements FAQ

We recently found out that our great uncle supposedly has life insurance policies on everyone in the family. We are located in Ohio and we are just concerned with this situation and would like to know the answer!

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What Are The Tax Consequences Of A Life Insurance Policy That I Received From A Family Memeber??

Posted May 2, 2009 – 10:25 pm in: structured settlements FAQ

I received a Form 702 from a small life insurance settlement & am not sure if I will owe any taxes on this. My first & only clue so far is that when running through TurboTax there doesn’t appear to be any section to reference or include this inheritence. Please help & let [...]

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