Learn more about how taxes apply to life insurance proceeds and when you do (and don’t) have to pay taxes on life insurance.

A life insurance beneficiary is someone who is legally designated to receive the death benefit of the insurer. When the policyholder dies, beneficiaries receive a sum of money as long as several ...

Sharon Wu, a senior writer with over a decade of experience, specializes in consumer-focused content covering home and finance topics such as insurance, investments, credit, debt, mortgages and home ...

Unfortunately, the SECURE Act of 2019 made it more difficult for the beneficiaries of IRAs and other retirement accounts to ...

When a parent dies without a will and leaves a few thousand dollars in credit card balances, grief quickly collides with fear about who has to pay. The anxiety can spike if a child receives a life ...

When a loved one dies, there are a lot of questions you have to deal with, not the least of which is how to pay for a funeral and other death expenses. A life insurance policy could help, but the ...