What Every Financial Advisor Should Consider for Elderly Clients With Life Insurance
Your client is 70 years old, has a 2-million-dollar life insurance policy, is increasing his IRA withdrawals every year to pay the policy premiums and the client’s investment portfolio may not support the client until he dies. Sound familiar? Is there an alternative? The answer is yes. A life settlement may be the answer […]
From the Desk of Noelle Kotsakis, President of Life Insurance Settlements Plus
On behalf of the staff and management of Life Insurance Settlements Plus (PLSP) I want to thank you for being a part of our new corporate branding campaign including a new website, blog and the establishment of the company’s social media outlets on Facebook and Twitter. All of us at PLSP are committed to […]
Life Insurance Settlements – Did You Know?
The legal basis supporting Life Insurance Settlements was established by the United States Supreme Court in 1911 in the case of Grigsby vs Russell. The court’s decision is referenced whenever anyone questions the seemingly peculiar idea of selling a life insurance policy. The Supreme Court’s ruling is fundamental to helping people realize the benefit of […]
Life Insurance 101: What Your Policy Can do For You
What is a Life Settlement? A life insurance policy is a personal asset that you can sell like any other asset. A life settlement is the sale of an existing life insurance policy to a third-party purchaser for a mutually agreed upon price. In a life insurance settlement transaction, a seller transfers ownership of their […]