LanguageEnglish
+

Monday, 3 October

Search Engine

Don’t procrastinate if you plan to transfer ownership of your life insurance policy

Robert Tighe

Posted By: Robert Tighe

Posted October 5, 2020 / No comments

Generally, the proceeds of your life insurance policy are included in your taxable estate. You can remove them by transferring ownership of the policy, but there’s a catch: If you wait too long, your intentions may be defeated. Essentially, if ownership of the policy is transferred within three years of your death, the proceeds revert

Read More