The ownership apparently automatically changed to me when I turned 21, per the life insurance co. Again, I didnt know this existed until receiving the 1099R, have never contributed or received a distribution, and have not spoken to my "father" in at least 30 years.
So just because I am the "owner" of this whole life policy I can be taxed? How is that legal when I was just 2 years old when he opened it and obviously never agreed to or signed anything.
