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Jul 27, 1993

That’s Rich: Life Insurance May Create Tax Problems

A look at the movement to increase the lesser known federal gift and estate taxes. If not handled properly, the face value of a life insurance policy is included in the deceased's estate. This can cause an otherwise non-taxable estate to incur taxes.
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Written by
dreamers
Last updated
Mar 26, 2024

A look at the movement to increase the lesser known federal gift and estate taxes. If not handled properly, the face value of a life insurance policy is included in the deceased’s estate. This can cause an otherwise non-taxable estate to incur taxes.

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Written by
dreamers
Last updated
Mar 26, 2024

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