Feb 13
How Taxation of Life Settlements Proceeds Works Now By Wm. Scott Page - ThinkAdvisor
Tax season has come again.
One question that frequently arises about the secondary market for life insurance is: How are the proceeds of a life settlement taxed?
The answer: Well, it isn’t straightforward.
However, it’s a critical question as the amount of tax owed on a payment could significantly impact the assessment of whether or not an individual should sell a policy.
