Viatical Settlement taxation is somewhat of an issue. Viatical Settlements are different from normal life settlements, because they have less number of years to live and that is why it is called a viatical. There are also other laws that viaticals have been created by the government.
Viatical Settlement Tax is an issue if you settle a policy you owe tax on any profits. Different than if you get a death benefit from an insurance company it is not taxable.
To learn more about Viatical Settlement Tax please click now on LIVEpdq and enter in your information, so that when we catch up on the phone we can discuss the specifics of your life insurance policy.