If my partner has listed me as the beneficiary on his life insurance policy, what kind of taxes will I have to pay?
Question Details:
Victor Waid / Law Office Of Victor Waid
Answered 1 month ago
This attorney is licensed in California
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You are advised to seek the consult with a CPA re tax questions, but I do not believe you would incur any tax if the benefit does not exceed the federal or state estate/gift tax exemptions.