April 24th, 2010 by admin
My mom and I are ingnorant to the premiums and the small print on determining the rates. Need an honest opinion from a good christian person. Just need help in determining which is better AARP or Landmark Life? I see two very charts that have us concern if we made the right choice with the [...]
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March 31st, 2010 by admin
Product DescriptionProvides comprehensive analysis of the special tax provisions that apply to life insurance companies and covers changes effected by the American Jobs Creation Act of 2004. The thirty-four chapters examine:
Definition of life insurance company and life insurance reserves
System of taxation of life insurance companies
Special areas of taxation of life insurance companies (e.g., operating [...]
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March 31st, 2010 by admin
I have seen around the internet that the maximum term life insurance policy allowed for a person in their 20s is usually 20 times their income. However, I was wondering if there are any policies that take into account the combined household income. If a husband and wife both make $40,000 a year, are they [...]
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March 31st, 2010 by admin
I will shortly be receiving about $20,000 in a lump sum life insurance payout. My question asks if this money is considered an “asset” or “income”. The way I look at it, it is an ASSET.
Here is my problem. I am on disability. Now I have already checked with the Social [...]
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March 31st, 2010 by admin
Serving as executor - both parents passed in 2005. How is the Estate and Income Tax handled for both New Jersey and Federal returns on Annuities and Life/Term Insurance. Not sure what is taxable as Income and what is taxable to Estate. Also, not sure who pays the taxes, beneficiary or estate on the income [...]
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