My father wants to surrender his life policy and then gift t

by mram1949 » Thu Dec 03, 2015 01:54 pm

My father wants to surrender his life policy and then gift the amount to myself and brother. Will he be liable for any taxes?

Total Comments: 1

Posted: Wed Dec 09, 2015 02:31 pm Post Subject:

Possibly. Not enough information to say one way or another,

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