How are beneficiaries paid from a will?
How are beneficiaries paid from a will?Before the estate is distributed, costs such as funeral, debts, legal fees, executors' expenses...
LIFE
Does GM Financial hold the title?
Does GM Financial hold the title?You will typically receive a title or lien release, depending on the state the vehicle...
What is better term or whole life?
What is better term or whole life?Term life coverage is often the most affordable life insurance because it's temporary and...
Can an 80 year old get life insurance?
Can an 80 year old get life insurance?Yes, you can buy life insurance for seniors over 80. At 80+, whole...
Are life insurance payouts taxed?
Are life insurance payouts taxed?Answer: Generally, life insurance proceeds you receive as a beneficiary due to the death of the...
Is Prudential a good insurance company?
Is Prudential a good insurance company?Prudential ranked No. 15 out of 21 companies for customer satisfaction in J.D. Power's 2021...
Does GM own Ford?
Does GM own Ford?Ford Motor Co. owns Ford and Lincoln. General Motors owns Buick, Cadillac, Chevrolet, and GMC. Hummer has...
Can you cash out a whole life insurance?
Can you cash out a whole life insurance?Generally, you can withdraw a limited amount of cash from your whole life...
Can the IRS take life insurance proceeds from a beneficiary?
Can the IRS take life insurance proceeds from a beneficiary?The IRS may seize life insurance proceeds in a few limited...
Who notifies the IRS when someone dies?
Who notifies the IRS when someone dies?The personal representative is responsible for filing any final individual income tax return(s) and...
