Explore if life insurance is taxable, learn about different policy types and their tax implications, and discover tax ...

Let’s explore how irrevocable trusts can help investors preserve their wealth while complying with IRS regulations.

The IRS sets a maximum dollar amount that you can deduct from your taxes for long-term care insurance based on your age. Some life insurance policies allow you to add optional coverage that lets you ...

If you’re like Mark, Susan or Tom, your retirement and legacy goals will shape the strategy for your wealth. There’s no ...

Employer-sponsored life insurance over $50K is taxed. The IRS considers excess coverage as imputed income. Imputed income ...

This article discusses common M&A tax liability risks moving into 2025, current insurance market trends for tax liability ...

For business owners considering a sale, a charitable remainder unitrust may result in a more favorable financial alternative ...

As Benjamin Franklin said, death and taxes are life’s only certainties. And when someone dies, their estate becomes a focal point for grief and financial reckoning.  Estates often carry unresolved ...

GOBankingRates broke down how you can write off home insurance on your taxes, situations where it’s not tax-deductible and reasons why you’re better off not going through with it anyways.

If the benefit is paid in installments, like an annuity, you may have to pay taxes on the interest that has accrued. Some forms of permanent life insurance can pay dividends to eligible ...