Dividing Insurance Policy to Give Half to Charity OK
Author: Staff Editors.
Source: Volume 08, Number 06, September/October 2009 , pp.15-15(1)
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Abstract:
In INFO 2009-0127, recently released by the IRS National Office, the IRS advised that a taxpayer who exchanges one life insurance policy for two new policies will be entitled to a charitable deduction upon donating one of the two policies to charity.Keywords:
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