Life Insurance is Valued for Estate Taxes

by evan » Fri Mar 31, 2006 12:19 pm
Posts: 1276
Joined: 01 May 2005

If the policy was not owned by the insured, none of the proceeds are included or taxable in the estate of the insured, unless the policy had been transferred by the owner within three years of his or her death, in which case, the total proceeds are included in his estate."

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