NEWS

Life Settlements Within the Fiduciary World

We hear it all the time from Trustees managing ILITs. Your client no longer wants that life insurance policy they took out years ago for estate planning purposes. The original reason for the policy is no longe......

Update for TOLI Trustees: Tax Bill Passed by Congress Boosts Life Settlements

Taxation on life settlements has always been a grey area for fiduciaries who decide to sell their client’s life insurance policy for a lump sum payment versus merely letting the policy lapse or be surrendered f......

Re-examining Your Client’s Trust-Owned Life Insurance Policy

Many wealth managers and estate-planning advisors will counsel their high-net-worth clients to purchase life insurance policies inside of a trust. Trustees, which are often professional management firms, then mai......

What Can Seniors Do When Their Life Insurance Premiums Are Increased?

Last week, the Wall Street Journal reported on the latest developments in a wave of sudden insurance premium hikes on life insurance policies that have been in force for decades. As documented by the Journal......

Before Your Client Lapses That Life Insurance Policy, Consider the Alternatives

More than 100 years ago, in its landmark Grigsby v. Russell decision, the U.S. Supreme Court ruled that life insurance is personal property and can be bought and sold like any other property you own. That means y......

Comparing Life Settlements and Reverse Mortgages: Two Sound Financial Planning Strategies for Seniors

We’re all aware of the retirement funding shortfall in America. Research from the National Institute on Retirement Security (NIRS) found that retirement savings are dangerously low, with the U.S. retirement sav......


    Contact Us to Find Out if your Policy Qualifies

    A life settlement is a valuable financial option for policy owners who no longer want, need, or can afford their life insurance policy. Instead of lapsing or surrendering a policy back to the insurance company, qualified policies can be sold in the secondary market for a price great than the cash surrender value but less than the death benefit.

    Contact us to determine if the life settlement option makes sense for you.