Can the IRS come after money that is payed out by a life insurance policy for a family member that has passed?

Answers:1   |   LastUpdateAt:2012-05-30 22:09:03  

Question
Celia
Asked at 2012-05-29 20:58:59
- Meaning . If you owe the IRS money and I'll be the beneficiary of a life insurance policy the government takes this money when deposited in my bank account ? I have to divide the funds between my brothers and I want everyone to be affected by this.
Answer1Jaycee Answered at 2012-05-30 22:09:03
Why divide the money? If you are the beneficiary , it is your money. They can not claim the life insurance, but once the money is in your hands is no longer secure of their debtors.
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