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Partnership Q&A: Using life insurance for buyouts

Posted on Thursday, May 14, 2009 at 12:00PM by Registered CommenterNina Kaufman in , , | CommentsPost a Comment

Q.:

Can a partnership use a partner's family term life insurance policy as a business expense, with the intention of using the policy as a way to buy out the spouse's interest in the business?

 

Read on to find out . . . .

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