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:	United States. > Laws, etc. (Statutes of the United States) Life insurance. Tax incentives. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	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.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.