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	<title>New answer on: Can The IRS Take Life Insurance Payout?</title>

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		<title>By: Peggy Mace</title>

		<link>http://insurancelibrary.com/life-insurance/can-the-irs-take-life-insurance-payout</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Mon, 30 Sep 2013 16:05:49 +0000</pubDate>

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		<description><![CDATA[If the insured person leaves their death benefit to a person as beneficiary on their policy, the IRS cannot generally take the life insurance proceeds away from that person. If the beneficiary shared in the obligation to the government (e.g. was joint signer on tax returns and there were unpaid back taxes at the time of death of the Insured), then the IRS might go after those funds.]]></description>

		

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