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My husb's mom had a whole life policy on him from age 4 -
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I have a life insurance question. I have several policies
I have a life insurance question. I have several policies with Northwestern Mutual Life totaling about $300,000.00 in whole life insurance and about $200,000.00 cash value. They are old policies. I am… read more
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I have a couple questions- My husband and I are both
Hello, I have a couple questions- My husband and I are both disabled. He draws disability thru Social Security and a small 101.79 a month pension. I am 100% unemployable thru the Veterans Administrati… read more
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I have a life insurance policy bought by my parents many
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We had a life insurance policy that they promoted as "being
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My Dad has a life insurance policy purchased at least a few
My Dad has a life insurance policy purchased at least a few decades ago. The Cash Surrender Value (CSV) is much greater than the death benefit amount. I checked with the insurance company and his esta… read more
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COMPLICATED: I was awarded, in mid 90s, to be beneficiary
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I borrowed $60,000.00 on life ins. policy. Interest charges
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My husband received a 1099-R from a life insurance for $118,117.72
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I had a life insurance with a large loan on it! My cost basis
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I made a terrible mistake 5 years ago and got roped in to a
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If a whole life insurance is cacelled what portion of the policys
If a whole life insurance is cacelled what portion of the policy's cash value is subject to tax? And if a loan is taken instead of surrendering the policy what portion is taxable.… read more
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I was a manager for a small corporation. The corporation purchased
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I received a 1099-r from Thrivent Financial for Lutherans.
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If I surrender my variable life insurance policy of which I ...
If I surrender my variable life insurance policy of which I have $20000 in cash value, $15000 of that borrowed, and $5000 left, how can I figure out what possible tax penalties might be levied against… read more
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