Pennsylvania | Tax Law
11/24/09, 6:37 pm
Legal Question
My aunt passed away recently and my mother was left power of attorney. Through her work she had a life insurance policy that was paid to my mother to handle all of my aunts affairs but out of all that money i was left a significant amount. Will i be responsible for paying taxes on that amount or will i have to claim that amount at the end of year and pay taxes on it then?
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Read More Answered By: Terrence Valko |
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