Life insurance proceeds are not taxable with respect to income tax, so long as the proceeds are paid out
entirely as a lump sum, one time, payment.
Life insurance proceeds are not taxable with respect to income tax, so long as the proceeds are paid out
entirely as a lump sum, one time, payment.
Life insurance proceeds are not taxable with respect to income tax, so long as the proceeds are paid out
entirely as a lump sum, one time, payment.
Not exact matches
It's not
entirely clear what you're asking... If you're talking about an Excel Formula for getting both of those, then: = PV (Rate, NPER, PMT, Future Value) = PMT (Rate, NPER, Present Value, Future Value) For the
lump sum investment, you would put the final value you need in
as «present value», and the Payment would = 0.
One reduced
lump sum payment will then be released from your account — and paid directly to the creditor — resulting in a «zero dollar balance» — reported
as «settled in full» and sometimes removed from your credit report
entirely.
The next, and
entirely novel, claim by the trustee was that if the consent order should be set aside (
as above), the mutual clean breaks fell away and H's claims under MCA 2005 for (inter alia) a
lump sum therefore remained in existence and available to be pursued by the trustee.