Tax Deductions for Life Insurance
If someone designates a church to be the beneficiary on a life insurance contract, how much of the premium is tax deductible (if the insured is the payor) and how must the contract be setup?
If someone designates a church to be the beneficiary on a life insurance contract, how much of the premium is tax deductible (if the insured is the payor) and how must the contract be setup?
Submitted by Justin Cooper on Fri, 2013-05-03 23:14