My father recently passed away and I received part of a life
by Guest » Fri Apr 29, 2011 09:30 pm
My father had several small claims court cases pending when he died. He also owed some back taxes...can the creditors take the life insurance monies paid out to his dependants?
Total Comments: 1
Posted: Fri Apr 29, 2011 11:45 pm Post Subject:
No. Your father's estate is responsible for any remaining taxes that are due, income and otherwise, including any estate taxation. Your life insurance proceeds cannot be attached.
Posted: Fri Apr 29, 2011 11:45 pm Post Subject:
No. Your father's estate is responsible for any remaining taxes that are due, income and otherwise, including any estate taxation. Your life insurance proceeds cannot be attached.
InsTeacher 8)
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