Life Settlement

A life settlement can be a valuable source of funds. It is your responsibility to know the hidden value of your life insurance policy before you surrender or lapse. It is possible to sell your life insurance for more cash than the cash surrender value in a life settlement, particularly if you have rising health concerns.

Life Settlement Taxation

What is the tax basis of a Life settlement and how does this affect life settlement taxation? Changes from the TCJA Act 2017 You should always have your life insurance policy appraised, and yes it is often possible to qualify to sell your life insurance for cash to pay for healthcare or any other needs you may have. […]

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Life Settlement Broker Or Life Settlement Provider: The Financial Advisor’s Dilemma

  Most Advisors rely on a life settlement broker to assist them in the sale of a life insurance policy, but some Advisors work directly with life insurance providers. Unlike with precious metals, stocks or bonds, there is no centralized exchange for Life Settlements. Every situation is unique because life insurance policies have different provisions, […]

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Florida Life Insurance Law Adds To Life Settlement Regulation

Life Insurance Companies in Florida can no longer suppress valuable information from Life Insurance policy owners. The Prohibited Insurance Acts Bill, or HB 1007, now forces Life Insurance companies to allow the disclosure of alternative options available to life insurance policy owners who are considering lapsing, surrendering, or canceling their Life Insurance policy.   The […]

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Financial Assistance And Solutions For Cancer Patients

Patients who receive terminal diagnoses often look for financial assistance and solutions to deal with unexpected, serious financial pressure. Travel, treatment, medications, and keeping up with household expenses can be a daunting task. In this article we will discuss financial assistance and solutions for cancer patients. You’re seated in a blue, soft, upholstered chair in your […]

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