Does Louisiana Tax Life Insurance Benefits?
- 63333 POINTSview profilePeggy MaceMost of the U.S.In a very general sense, Louisiana does not tax life insurance benefits if left to a beneficiary who is not the estate. If the beneficiary is the estate, or life insurance proceeds end up in the estate because there was no living beneficiary listed on the policy, then the money will go through probate and subject to taxes and fees.Answered on September 12, 2013flag this answer
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