Legal Question in Insurance Law in Indiana
My wifes mother just passed. My wife is the owner of her moms life insurance policy . is this taxable income to my wife?
Asked on 12/23/10, 5:50 pm
1 Answer from Attorneys
Burton Padove
Indiana and Illinois Lawyer, Burton A. Padove
She will be responsible for any inheritance tax above the exemption
Answered on 12/30/10, 5:51 am
Related Questions & Answers
-
Received an insurance check with my name and my exs name on it. should i have her... Asked 12/20/10, 5:11 pm in United States Indiana Insurance Law
-
My husband was driving a vehicle that was in his fathers name they had no insurance... Asked 10/25/10, 9:20 am in United States Indiana Insurance Law
-
Can a company deny to honor a dependent life insurance claim with the following... Asked 10/19/10, 12:05 pm in United States Indiana Insurance Law
-
My son broke his knee and had to have surgery. He was at school, on recess and his... Asked 10/12/10, 9:18 am in United States Indiana Insurance Law
-
I got hurt at work. A day later I wnet to the hospital and called later that day to... Asked 9/21/10, 12:15 pm in United States Indiana Insurance Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
