Life Settlement Topics:
Whether you entrust a loved one or a third party with your finances, there seems to be a large risk of having your finds mismanaged or even stolen. The good news is that there are steps you can take to prevent this. Even if you are entrusting a loved one with your money, setting limitations on the power of attorney is a prudent decision.
A living will is more than a do-not-resuscitate order, it is a legal document that allows us the right to make our own decisions regarding end of life care.
This weekend’s edition of the Wall Street Journal includes a cover story about many 60+ seniors looking for jobs. I have written about this a couple times in my blogs, and “seniors working longer/more” is a story that is covered by the media weekly. What is different about this story is that there »
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 policy. [...]
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?