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Reply to "Getting life insurance policy on my mother. Do I tell her? "
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[quote=Anonymous][quote=Anonymous]You can't take out a life insurance policy on another person without their knowledge. She'll have to sign on the dotted line....[/quote] You are wrong. http://www.investopedia.com/terms/s/stranger-owned-life-insurance-stoli.asp http://en.wikipedia.org/wiki/Corporate-owned_life_insurance_in_the_United_States http://www.treasury.gov/resource-center/tax-policy/Documents/ChOLI-Report-4-2010.pdf[/quote]
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