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View Full Version : AZ State inherience tax on life insurance left to the wife


Deb01az
Sep 4, 2012, 03:09 PM
My husband died a few days ago and prior to his death, he assigned his life insurance policy to me. Will I be charged an inherience tax? What if any other taxes would I pay?

JudyKayTee
Sep 4, 2012, 03:58 PM
My husband died a few days ago and prior to his death, he assigned his life insurance policy to me. Will I be charged an inherience tax? what if any other taxes would I pay?


Life insurance passes to the beneficiary outside the Will and is not taxed.

ScottGem
Sep 4, 2012, 05:30 PM
Define assinged to you. Did he name you as beneficiary or something else?

JudyKayTee
Sep 4, 2012, 05:34 PM
Define assinged to you. Did he name you as beneficiary or something else?


That's why I said specifically "beneficiary."