Can my parents give me money to buy a house?
Can my parents give me money to buy a house?Lenders generally won't allow you to use a cash gift from...
LIFE
Do you pay taxes on life insurance?
Do you pay taxes on life insurance?In general, life insurance proceeds are not taxable. There are a few exceptions where...
Can you cash out term life insurance?
Can you cash out term life insurance?Term insurance does not accumulate cash value because it doesn't have a savings component....
Can the IRS take life insurance proceeds from a beneficiary?
Can the IRS take life insurance proceeds from a beneficiary?If the insured failed to name a beneficiary or named a...
Can you get Aflac If you are retired?
Can you get Aflac If you are retired?Can I continue my AFLAC, American Fidelity and/or Western insurance coverage after I...
How much can I gift my children?
How much can I gift my children?£3,000 What are the rules on gifting money to children? You can gift money...
How can I transfer my wealth without paying taxes?
How can I transfer my wealth without paying taxes?Let's take a look at some of the strategies available: Gifting. The...
What type of life insurance has cash value?
What type of life insurance has cash value?Cash-value life insurance, also known as permanent life insurance, includes a death benefit...
Can you get life insurance on your parents without them knowing?
Can you get life insurance on your parents without them knowing?When you're getting life insurance, the person whose life will...
How do I find out how much my life insurance is worth?
How do I find out how much my life insurance is worth?Ask the insurer for a policy-in-force document A policy-in-force...
