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Category: Life Insurance

Life Insurance Policy Review

By Judy Fertel Layne Do you have a life insurance policy with cash surrender value that you no longer need? Because of changes in the estate tax, changes in your family situation or other reasons, you may have a policy that you...

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Proceeds of a Life Insurance Contract

By Joan Cripe SkrzyniarzOne of the most common questions that I am asked when I administer an estate of a decedent is: “Are proceeds paid under a life insurance contract taxable and do I report this as income?” Answer:...

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Tax Blog is published by Dickinson Wright PLLC to inform the public of important developments within the firm and practice areas. The content is informational only and does not constitute legal or professional advice. We encourage you to consult a Dickinson Wright attorney if you have specific questions or concerns relating to any of the topics covered in this blog.