Income Tax Treatment of Accelerated Death Benefits and "Viatical" Settlement Payments.

Examines tax treatment of "viatical" settlements, in which terminally ill patients receive a portion of their life insurance benefits while alive, through either selling or cashing in the policy.

Bibliographic Details
Corporate Authors: Library of Congress. Congressional Research Service, ProQuest (Firm)
Format: eBook
Language:English
Published: [Place of publication not identified] : [publisher not identified], 1996.
Series:U.S. Congressional Research.
Subjects:
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Call Number: CRS-1996-ECN-0078
 
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