Taxes On Life Insurance

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I am 1 of 3 children dividing a total of 24K worth of life insurance from 3 different policies following my fathers' death. Our mother already passed away. I am in PA and my brother and sister are in CA. Are we liable for taxes on these disbursements?
 
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******78 said:
I am 1 of 3 children dividing a total of 24K worth of life insurance from 3 different policies following my fathers' death. Our mother already passed away. I am in PA and my brother and sister are in CA. Are we liable for taxes on these disbursements?
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QUOTE=******78]I am 1 of 3 children dividing a total of 24K worth of life insurance from 3 different policies following my fathers' death. Our mother already passed away. I am in PA and my brother and sister are in CA. Are we liable for taxes on these disbursements?[/QUOTE]
 
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