There is a death tax in some countries (like some/all US states), if you die, the government takes some of your money before your beneficiaries. So you're taxed twice: Yearly payments, and a final settlement after you die.
There is a death tax in some countries (like some/all US states), if you die, the government takes some of your money before your beneficiaries. So you're taxed twice: Yearly payments, and a final settlement after you die.