One of the primary questions I’m asked about life insurance is “Is Life Insurance Taxable?”. The IRS has very specific rules about how to handle life insurance payments and for the vast majority of people life insurance is not taxable. When we are looking into these details about life insurance …
Recently two friends of mine from high school passed away in their early 30s, which drove me to ask the question; How much life insurance do I need? Back in 2008 right before my son was born I took out a 20 year $500,000 policy for $21 per month. Since …
Lately I’ve been thinking a lot about death. Tomorrow is never a guarantee and of the people walking this planet 151,600 will not get to see it. In the past year three of my friends have passed at much younger ages than they should have. One of these friends I …