Is Life Insurance Considered an Asset or Income? (Tax & Legal Truth)
Life insurance might seem simple: You pay for a policy, someone gets money when you die. But legally and financially? It’s more complex. Depending on the type of policy, how it’s structured, and when the money is received… life insurance can be considered: Let’s break it down. 🔍 First—Is Life… Read More »Is Life Insurance Considered an Asset or Income? (Tax & Legal Truth)