Acres of Diamonds In life it often happens that the answers to our most pressing questions are right in our own backyards. Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases. Your Cash Flow Statement A presentation about managing money: using it, saving it, and even getting credit. Put It in a Letter A letter of instruction provides additional and more personal information regarding your estate.