Showing posts with label policies. Show all posts
Showing posts with label policies. Show all posts

Wednesday, November 19, 2008

TRANSFER OF LIFE INSURANCE POLICIES BETWEEN GRANTOR TRUSTS

Generally, when an insured under a life insurance contract dies, the recipient of the policy proceeds is not subject to federal income tax.

rubinontax.blogspot.com/2007/02/transfer-of-life-insurance-policies.html