Have A Question About This Topic?
Related Content

Tax Deductions You Won't Believe
Here are some examples of deductions from the IRS that were permitted and some that were, uh, too creative.

A Primer on Irrevocable Life Insurance Trusts
Irrevocable life insurance trusts can be important tools that may accomplish a number of estate objectives.

When Life Insurance Becomes Taxable
Life insurance proceeds are generally tax-free. But not in all cases.