Legal Question in Insurance Law in Oklahoma
I recently became the benefeciary of a life insurance policy. is the money i recieve taxed, and if so typically how much?
Asked on 10/23/09, 5:38 pm
1 Answer from Attorneys
Mitty Means
Mohanty Means, P.C.
Yes. Depends on total value of estate. Consult your accountant.
Answered on 10/28/09, 6:30 pm
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