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LIFE INSURANCE

Poulter
Level 1

 

CLIENT DIED 10 YEARS AGO. TRUSTEE RECEIVED A CHECK FROM LIFE INSURANCE CO.

LAWYER SAID TO OPEN TRUST AND CLAIM ON TAX RETURN. WHERE DO I PUT IT. ISN;T THIS NON TAXABLE INCOME?

 

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1 Comment 1
BobKamman
Level 15

Did they pay interest from date of death?