Legal Question in Wills and Trusts in Michigan
If I am paying the IRS through an arranged wage garnishment will they take a payout to me from my mother's life insurance?
Asked on 10/21/12, 7:25 am
1 Answer from Attorneys
Brad Lambert
Lambert & Lambert PLC
Yes. I presume you are paying the IRS from the payout to you. At a minimum, the payout made to the IRS will reduce your balance - in that case, the IRS will keep taking garnishments, but there will be fewer of them. If it pays off the balance, you're done paying.
Answered on 10/22/12, 6:41 am