Studies Show Many Advisors and Senior Policy Owners Still Unaware of Their Options. According to the results of a study released in early June by The Deal publishing company, the secondary market for life insurance grew by 19 percent in 2017 and is predicted to continue on its upward trend. The study found that the total face amount of policies...READ MORE
It’s the word on the street. Greater numbers of investment clients and other consumers are making their expectations known when it comes to working with financial professionals in order to ensure the advisor has their best interests at heart. . . READ MORE
Financial advisors often rely on our life settlement success stories as a learning tool for recommending solutions to clients with unwanted life insurance policies. In reviewing some of our recent transactions, I’ve chosen to highlight a recent case involving a trust-owned life insurance (TOLI) policy. . READ MORE
Advisors who are familiar with the qualification factors for a life settlement know that the health and longevity of the insured is a key determinant as to whether the policy owner qualifies for a settlement. Generally, the shorter the life expectancy (LE), the greater the chances of finding an institutional buyer (known as a provider) to purchase the policy. READ MORE
It’s encouraging to know that more seniors are becoming aware of the option to monetize and optimize their unwanted life insurance policies by selling them in the secondary market.
But for aging seniors who have been considering a life settlement and haven’t yet taken the first step to submit an application, there may be pitfalls to procrastination. READ MORE
One of the trends we are observing in the marketplace is the fact that more estate planners and fiduciaries are discovering life settlements to achieve client-centric outcomes.
As growing numbers of aging baby boomers turn to their advisors to help them achieve their retirement and estate planning objectives, many estate attorneys are faced with decisions regarding life insurance policies that are no longer relevant to estate plans created years ago. READ MORE