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How are capital gains determined on the surrender of a whole life insurance policy gifted to me by my parents?

Tags: policy

That’s an interesting question. You are describing a scenario in which the whole life Policy would have a stepped-up basis. To tell you to truth, I have never heard of… Read More



This post first appeared on Here's How Life Insurance REALLY Works: Get Prequa, please read the originial post: here

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How are capital gains determined on the surrender of a whole life insurance policy gifted to me by my parents?

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