Life Settlement Topics:
The health care reform act will work to make Medicare more efficient, but the aim will be reached by lowering costs and increasing reimbursement to seniors for their policy premiums. Additionally, any insurance plan that you have and are content with will be able to remain in effect. The new act works only to help those without insurance or who are seeking a more affordable insurance policy.
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 the »
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?