![Death Taxes on Your Life Insurance? It’s More Likely than You Think](https://images.squarespace-cdn.com/content/v1/58052260b8a79b23c3248e8d/1692128170649-QOV5YX0V1HIE1PK4NKR4/image-asset.jpeg)
Death Taxes on Your Life Insurance? It’s More Likely than You Think
For a variety of reasons, many people adamantly believe the following assertion is true: “life insurance is tax free.” Despite being a common belief about taxes, it is simply not true. For the most part, when people talk about life insurance being tax free, they are referring to the death benefit of a life insurance policy which typically pays out only after the insured individual has passed away. Which tax are they referring to? Usually income taxes
![Death Taxes Are Coming—And Not Just for the Fantastically Wealthy](https://images.squarespace-cdn.com/content/v1/58052260b8a79b23c3248e8d/1680560827458-A9ZN3FYF9N92JE85EMZ6/unsplash-image-A8UG9NpS5OU.jpg)
Death Taxes Are Coming—And Not Just for the Fantastically Wealthy
What are the death taxes? Can I avoid them?