Life Settlement Information for Financial Advisors
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“Financial
professionals need to understand this market and
the opportunities
and obligations it brings them.”
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Trust & Estates,
2002 |
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 Life
settlements are a new “Arrow in
the Quiver” for financial advisors serving the senior
marketplace. This new financial planning tool now allows
senior policy owners to tap previously unrealized value
in their
unwanted, unaffordable, or underperforming life insurance
policies. This asset can now be liquidated for a fair
market value and redistributed to address the current
financial planning goals of the owner. Whether the current
needs are long-term care, retirement income, charitable giving,
a new life insurance policy, or simply a vacation, make sure
you understand the opportunities a life settlement may provide
your valued clients.
 Learn
about Chesapeake’s Advisor Advantage Program
Why Offer Life Settlements?
Life settlements is the fastest growing segment of the life
insurance industry. According to reports, only $200 million
in face value was transacted in 2001, compared to an estimated
$12-15 billion in Face Amount transacted in 2006. This is a
compelling reason for advisors serving the senior marketplace
to learn about the opportunities it presents them and their
clients. 
Learn more about offering life settlements...
Why Attorneys
need to know about Life Settlements
Becoming more informed about Life Settlements
will allow you to help your clients take advantage of a cash
value for their unwanted or unaffordable life insurance.
Life Settlements are becoming extremely popular in financial
planning for people over the age of 65 with life insurance
policies.
Learn
more...
CPA's and Life Settlements
The
growing life settlement market is a great opportunity to
CPAs who are serving both affluent seniors as well as corporate
clients. It is very important that as a CPA you have an understanding
of the life settlements and their potential applications.
Learn
more about Life Settlements in relation to CPA's...
Why Charities, Non-Profits,
and Educational Institutions need to know about Life Settlements
Life settlements also have a profound effect
on fundraising opportunities available to Charities, Non-Profits,
and Educational
Institutions. Most of these organizations currently solicit
unneeded life insurance policies as a standard element of
their charitable gifting program. These policies provide
the organizations with a potentially valuable long term asset
and enable donors to benefit from a current tax deduction
for the cash surrender value of the policy and ongoing deductions
for any future premium payments made on behalf of the charity
or institutions. Life settlements may provide opportunities
to increase the benefits for both the donor and the institution.
Learn
more...
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