2007-11-07 07:37:34 · 4 answers · asked by April S 1 in Business & Finance ➔ Insurance
The cash value is usually counted as an asset towards your net worth. The cash value is usually protected from creditors, but this varies with state law. You should seek advice from someone in your state. You may want to talk with them about life policies with low cash values if creditors garnish the policy.
Wealthier clients should note the death benefit is counted towards your estate for inheritance tax purposes.
2007-11-07 08:31:21 · answer #1 · answered by aaron p 5 · 0⤊ 0⤋
a. How sturdy is your existence (a million-10) **7 b.How happy are you on the momment (a million-10) **4 ( my boyfriend older sister is coming back to city... arghh she's one in all those b*tch c.Are you happy with your individuals and kinfolk on the momment (a million-10) **acquaintances:10 kinfolk: 5
2016-12-08 14:58:06 · answer #2 · answered by harrow 4 · 0⤊ 0⤋
No
How can you garnish a policy that hasn't paid out?
2007-11-07 07:40:47 · answer #3 · answered by wizjp 7 · 0⤊ 1⤋
no just any cash value it has. No way it can be garnished
2007-11-07 07:40:34 · answer #4 · answered by golferwhoworks 7 · 0⤊ 1⤋