02 Sep Is life insurance without a medical exam more expensive?
Life insurance companies have changed the rules in the wake of the coronavirus. ...
26 Aug Will my mother’s life insurance policy cause a Medicaid penalty?
Medicaid will look back at five years of financial records before you will get benefits. ...
21 Jul The kids are in college. Do we still need life insurance?
Figure out your insurance need and the time frame you need coverage. ...
20 Jul Will this life insurance policy be taxable to my children?
The inheritance tax is based on the relationship of the beneficiary to the deceased. ...
24 Jun After divorce, who gets this life insurance payout?
There are times when what happens to a beneficiary may surprise you. ...
10 Jun Can I take from my life insurance without penalties and taxes?
If your policy has a cash value, think carefully before cashing out. ...
13 Apr Will I owe tax on the cash value from my life insurance policy?
It depends on your cost basis for the policy....
09 Apr Will my daughter have to pay taxes on my life insurance?
The tax treatment of life insurance can get tricky. ...
26 Mar Will Medicaid take my mom’s life insurance policy?
You can't have more than $2,000 in assets to qualify for Medicaid. ...
05 Mar Is a term life insurance payout tax-free to beneficiaries?
In most circumstances, income tax won't be an issue. But there's more. ...