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I purchased a SPWL policy from MONY Ins. Co. back in 1987. I paid a one time premium of $30000. During the past 24 years I borrowed $56000. with the understanding I would not have to pay this money back. In 2011 for various reasons I let the policy lapse. Without knowing Mony sent IRS a 1099-9 showing a distribution of $123,000 roughly for 2011. The IRS is telling me...
Submitted Sep 18, 2013
family member who lives out-of-state will be coming out of hospital and nursing care with mental incapacity. She will need a ''group home'' to live in and we need help finding one. Her home will be foreclosed on and her job will be gone. She cannot live alone because of her mental state, and she has no assets. Please give us guidance. We cannot help financially...
Submitted Sep 17, 2013
My daughter has life insurance policy. Beneficiaries live in calif,virginia and oregon. Will they be required to pay any taxes on money rec''d?
Submitted Sep 17, 2013
Submitted Sep 16, 2013
sent insurance co, all they ask ,death certicate,w9 with ein number court paper certified.how long til i recieved death benefit check. i have partner cremation on my enetertainment center.i need to bury him. they recieved all paper work and more 9.9.13 my partner died 1.7.13
Submitted Sep 15, 2013
My wife and i have over $100,000 in student loan debt to repay, but not the comensurate household income that one might expect from that expenditure. We''ve looked into occupations that offer some debt forgiveness, but haven''t had any luck. In light of the fact that we currently have a mortgage, is it realistic to think tha we''ll be able to pay off such a large...
Submitted Sep 12, 2013
I am 70 and collect sis my husband just died he collected more than me. How much of his sis will I collect
Submitted Sep 8, 2013
my wife and i got a divorce last year. in DEC OF 2012 INSURANCE WAS DUE ON HOUSE , I LIVE IN SHED THAT IS ATTACHED TO HOUSE. MY PART IN DIVORCE WAS SHED ATTACHED TO HOUSE WITH THE LOT NEXT TO MY HOUSE AND BACK OF LOT HOUSE IS BUILT ON. MY INSURANCE MAN SAID THAT IF MY X WIFE WAS NOT GOING TO INSURE THE HOUSE I SHOULD SO THAT IF THE HOUSE BURNT THEN IT WOULD BURN...
Submitted Sep 6, 2013
My husband is going after me for alimony and medical for himself and his two children from a previous marriage. I added them to my coverage 2 yrs ago. He is a self employed licensed contractor. Is it likley i will be required to provide medical after the divorce for his children? Their mother has remaried and has family medical insurance through her current...
Submitted Sep 5, 2013