What Taxes Apply to Life Insurance Premiums

What Taxes Apply to Life Insurance Premiums

The life insurance industry has developed in complexity and diversity over the years. When life insurance policies were originally created, they were insurance vehicles but over time, they’ve also become investment vehicles. Ultimately, all of this leads to a complex tax structure.

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How You Can Use a Life Insurance Policy for Charitable Donations

How You Can Use a Life Insurance Policy for Charitable Donations

You already know that having the proper life insurance policy also means having long-term financial protection, but what you might not know is that those policy proceeds can be used for charitable donations as well. In a guest column in the Lafayette Advertiser, life insurance professional Georgianna Latino notes that policyholders can name selected charities as beneficiaries of their policies – and benefit from tax deductions as well. Latino details how your life insurance policy can…

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