Transferring Life Policy into Annuity
If we 1035x life insurance policy with 135,000 loan basis was 100,000 and the surrender value is 22,000 into an annuity is the gain forgiven?
If we 1035x life insurance policy with 135,000 loan basis was 100,000 and the surrender value is 22,000 into an annuity is the gain forgiven?
Submitted by Michael Eischen on Mon, 2015-08-31 15:42