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re: Steve Gleason entitled to $5 million from lawsuit
Posted on 9/3/13 at 11:55 am to tduecen
Posted on 9/3/13 at 11:55 am to tduecen
"He can decide if he wants the money or not, I would be shocked if he didn't take it especially it being tax free"
It's tax free to him, but if he takes it before he dies and then leaves to wife, I guess it would then be subject to tax unless he put it in some sort of trust. It stinks to say it, but might it be better (assuming his family is currently OK on money) if his wife collected the cash after his death? It is such a sad deal.
It's tax free to him, but if he takes it before he dies and then leaves to wife, I guess it would then be subject to tax unless he put it in some sort of trust. It stinks to say it, but might it be better (assuming his family is currently OK on money) if his wife collected the cash after his death? It is such a sad deal.
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