Life Settlement Topics:
Firstly – life insurance is a wonderful tool for charitable giving, and there are often tax benefits for donors as well. Below are examples of ways to structure a gift of life insurance: A policyholder may: donate an existing fully paid life insurance policy name their favorite foundation or charity as the beneficiary of a »
If you are 70 ½ or older, a newly reinstated law allows you to donate up to $100,000 from your traditional IRA or Roth IRA tax-free to a public charitable organization. The money can also come from a SEP or a SIMPLE IRA as long as you are no longer contributing to these accounts. Under »
Major Publications on “Life Settlements”
When my partners and I first created the Life Settlement Network, and were becoming increasingly involved in the Life Settlement industry, our friends and family had never heard of life settlements. For the most part, they learned about this new financial tool from us. Initially – most had responses something along the lines of “Sounds [...]
What is my policy worth?
Usually the first question seniors ask after hearing that their life insurance policy may be worth much more than the cash surrender value is “How much is my policy worth?” The calculation is simple enough: Determine the insured’s life expectancy and multiply that by the annual premiums to estimate the expected cost of maintaining the [...]
If my policy is worth so much – why should I sell in a life settlement?
A question that comes up frequently in presentations and in discussions with policyholders and beneficiaries: If an investor is willing to buy my policy for $X amount and expect to make a profit – why shouldn’t the family just keep the policy?