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	<title>New answer on: Does The Irs Take Money From Life Insurance?</title>

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		<title>By: Tom Sheehan</title>

		<link>https://insurancelibrary.com/life-insurance/does-the-irs-take-money-from-life-insurance</link>

		<dc:creator>Tom Sheehan</dc:creator>

		<pubDate>Mon, 28 Apr 2014 15:59:21 +0000</pubDate>

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		<description><![CDATA[In general, life insurance proceeds paid directly to your named beneficiary are not taxable nor are they attachable by creditors.  Assuming your beneficiary invests the proceeds, then any interest or income that is drived from that investment will then, of course, be taxable and the responsibility of your beneficiary.]]></description>

		

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		<title>By: Tim Wilhoit</title>

		<link>https://insurancelibrary.com/life-insurance/does-the-irs-take-money-from-life-insurance</link>

		<dc:creator>Tim Wilhoit</dc:creator>

		<pubDate>Mon, 28 Apr 2014 13:23:09 +0000</pubDate>

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		<description><![CDATA[In general life insurance proceeds are income tax free when left to a beneficiary. Avoid naming your estate as the beneficiary unless you have a trust in place. Life insurance proceeds can be taxed if left to an estate without a trust. I highly recommend using an experienced agent or advisor to avoid costly mistakes to your beneficiaries in the future.]]></description>

		

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		<title>By: Jason Goldenzweig</title>

		<link>https://insurancelibrary.com/life-insurance/does-the-irs-take-money-from-life-insurance</link>

		<dc:creator>Jason Goldenzweig</dc:creator>

		<pubDate>Mon, 28 Apr 2014 12:39:58 +0000</pubDate>

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		<description><![CDATA[Life insurance proceeds are income tax free meaning the IRS cannot take money out of the death benefit paid out to the beneficiary. There are situations where the value of the death benefit can be included in the calculations of the estate for estate tax purposes. People generally use life insurance trusts when setting up the policy for estate planning purposes.
]]></description>

		

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