tag:blogger.com,1999:blog-2560092710433599599.post7823575448775088873..comments2023-10-16T07:30:53.769-04:00Comments on Proven Wealth Building Ideas: How to Put Your Inheritance on Steroids – Practically Overnight!Samuel N. Asare, MBA, ChFC, CLU, CRPC, CMFC, CASL, CTP, CBMhttp://www.blogger.com/profile/00429848859373776221noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2560092710433599599.post-2921167351470162152011-07-29T11:22:23.831-04:002011-07-29T11:22:23.831-04:00Thank you for reading , and for those kind words, ...Thank you for reading , and for those kind words, AArp life insurance.Samuel N. Asare, MBA, ChFC, CLU, CRPC, CMFC, CASL, CTP, CBMhttps://www.blogger.com/profile/00429848859373776221noreply@blogger.comtag:blogger.com,1999:blog-2560092710433599599.post-50600399296949310552011-07-29T11:12:19.621-04:002011-07-29T11:12:19.621-04:00I really enjoyed reading your blog.Thanks for shar...I really enjoyed reading your blog.Thanks for sharing these facts.AArp life insurancehttp://www.alifetimeinsurance.comnoreply@blogger.comtag:blogger.com,1999:blog-2560092710433599599.post-84287764851575287032011-05-23T15:51:51.956-04:002011-05-23T15:51:51.956-04:00Peter,
This quote from Internal Revenue Bulletin 2...Peter,<br />This quote from Internal Revenue Bulletin 2009-38 should help:<br /><br />"Section 101(a)(1) provides that except as otherwise provided in §§ 101(a)(2), 101(d), 101(f), and 101(j), gross income does not include amounts received (whether in a single sum or otherwise) under a life insurance contract, if such amounts are paid by reason of the death of the insured." <br /><br />I agree with you that the tax code is a very complex and lengthy document. As such, you'd want to consut with a qualified professional who'll give recommendations AFTER reviewing your situation.<br /><br />Thanks for readingSamuel N. Asare, MBA, ChFC, CLU, CRPC, CMFC, CASL, CTP, CBMhttps://www.blogger.com/profile/00429848859373776221noreply@blogger.comtag:blogger.com,1999:blog-2560092710433599599.post-89820742348592687132011-05-23T15:28:04.761-04:002011-05-23T15:28:04.761-04:00Section 101 of the U. S. Tax Code is a very long d...Section 101 of the U. S. Tax Code is a very long document - can you be more specific as to where it indicates that the life insurance policy would pay off tax free?<br />PeterSELPAhttps://www.blogger.com/profile/03853152593901206974noreply@blogger.com