wbdavidson
New Member
- 5
If my client receives an inheritance can they bypass the inheritance tax by putting the money in an annuity?
Also, when this client passes, the money goes to the beneficiary and they only have to pay income tax on the initial prem or the gain? or do they have to pay inheritance tax as well?
Thanks, I'm def not an annuity guru.
Also, when this client passes, the money goes to the beneficiary and they only have to pay income tax on the initial prem or the gain? or do they have to pay inheritance tax as well?
Thanks, I'm def not an annuity guru.