An endowment, like a bank account, can be of any amount.
how do you know what your tax liability is on an endowment that you cashed do the insurance compnay send 1099 at the end of the year
Sure, why not?
One can cash an endowment in a number of ways. One can cash an endowment by surrendering it to the endowment issuing company or one can sell an endowment to an endowment policy trader.
It depends on what sort of endowment you mean. There is plenty of information out there on financial endowments, or donations - any nonprofit website can give you more information about that. Other meanings of endowment pertain to an LDS temple ceremony (the temple endowment), or to the philosophical term "endowment."
Yes. A pure endowment is a one-payment annuity.
I recently found out that a relative has left a Matured Endowmnet in my name. What is this?
how do you know what your tax liability is on an endowment that you cashed do the insurance compnay send 1099 at the end of the year
Sure, why not?
A matured endowment is a life insurance policy where the current cash value has become equal to the face amount of the policy. The policy is mature. So, the insurance company issues the insured a check for the face amount (death benefit) even though the insured is still alive.
One should look on the 'selling my endowment' website when looking to sell an endowment policy. They offer much advice and tips on where to do this. One can also go to 'endowment surrender plus'.
The college spends much more on research than it gets from tuition, but its endowment makes up the difference.
One can cash an endowment in a number of ways. One can cash an endowment by surrendering it to the endowment issuing company or one can sell an endowment to an endowment policy trader.
endowment are for student that are not here legal endowment are for student that are not here legal
It does not. You may have outgrown it. Or possible that you have never matured to it.
The Duke Endowment was created in 1924.
Lilly Endowment was created in 1937.
Endowment House was created in 1855.