Life Settlements Versus Viatical Settlements
There are two methods by which a life insurance policy holder may sell his/her policy to a third party to receive a cash purchase price prior to their death. The first method is a “life settlement”. A life settlement is when a life insurance policy holder decides to sell their policy to a third […]
How Life Expectancy is Calculated For Life Settlements
In every life settlement case, a life expectancy calculation is done to determine the life expectancy of the insured. Life expectancy determines in most cases whether the life insurance policy is marketable for a life settlement and is also a major factor in determining the value of a policy. To calculate a life expectancy, […]
The Life Insurance Settlement Process
How Do Life Insurance Settlements Happen? Once a potential client (or a professional on their behalf such as a financial advisor, attorney or CPA) contacts one of our representatives or our office we initiate a very efficient and organized process to address the possible life insurance settlement. The initial step is to perform […]
Life Insurance Annual Review Checklist: What You Need to Know
What Every Senior Should Consider in Evaluating Their Life Insurance Life Insurance is often times the forgotten asset when we evaluate our portfolios and perform our periodic review of asset performance. Once purchased, the life insurance policy gets put in a drawer and forgotten with the exception of the vague piece of mind we may […]
Trust Owned Life Insurance and Life Settlements
Life insurance settlements many times are not even considered by policyholders who view their policies as liabilities as opposed to a valuable asset. A typical senior doesn’t understand life settlements and that there is a real opportunity to maximize the value of an asset that many let lapse for no value after a lifetime of […]
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 […]