Do you have to pay any income or estate tax, if you are the beneficiary on a life insurance policy, in Florida?

Life Insurance pays the Beneficiary the face amount of the death benefit, minus any outstanding policy loans. The amount paid is not taxed as...

What risk factors decide the premiums of Liability Insurance and Personal Injury Protection Insurance (no-fault insurance)?

Before I became a lawyer, I spent 23 years as an Independent Insurance Agent. There are several factors that go into rating Liability and PIP...

Damage to neighbor's already damaged ceiling in Florida. Am I liable?

If everything you say is correct, my advice is to turn this claim over to your Condominium Unit Owners Insurance Carrier as a Property Damage...

Typically, a health insurance policy will define who can be a Dependent Covered Person. In most cases, a "nephew" will not be included in that...

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Life Insurance Policy is a contract and falls outside of Inheritance.

Life Insurance Policies have several important benefits: 1. The proceeds are generally not taxable because the premiums are paid with "after-tax"...

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Assuming your information is correct, the agent would not be authorized to sign on a request for cancellation of your father's policy absent a...