Is My Life Insurance Taxable? 
Life insurance benefits are not taxable to the beneficiary generally . However , if the amount of the estate passing to that beneficiary is large enough , they may become taxable . This is very rarely the case , and can usually be dealt with by the proper planning with an appropriate trust . The need for that is only if over 5.34 million dollars . However , in any event , you should talk with both your life insurance agent and your estate planning consultant . I would be glad to assist you with both . GARY LANE . garylane@cox.net . 714 422 9616 . 