In Deciding to Pursue a Life Settlement, Your Professional Assistance is Needed
By 2030 nearly 71 million Americans will be over age 65 with Life Settlements expected to gain increased acceptance as a useful financial tool. Your qualified professional assistance can help your clients decide if a Life Settlement is the appropriate way to go.
Who is a candidate? You may View Brochure and request copies for your clients.
The financial professional can approach this responsibility with a methodology that includes the following four-step process:
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Determine the suitability for a Life Settlement. Assess the client’s overall financial picture to determine whether the life settlement is an option.
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Analyze the client’s probability for a life settlement
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Perform due diligence. Personally research the marketplace for a reputable life settlement broker / provider backed by qualified funders or use the services of an intermediary who has the knowledge of this marketplace and the process expertise
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Insist on multiple offers. Pursue the highest market value for the seller from the life settlement provider.
Life Settlements can Provide Solutions to Financial Planning Objectives
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Personal Applications |
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• Fund a life insurance product that better suits current wants or needs |
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• Purchase long-term care insurance |
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• Purchase a survivorship policy |
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• Create liquidity to invest elsewhere |
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• Retirement living: independent, assisted, nursing home |
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• Estate size changes:larger or smaller death benefit to cover taxes |
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• Use the funds to take a once in a lifetime vacation |
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• Retire debts |
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• Create funds for a charitable gift |
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• Gift to a family member |
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Business Applications |
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• Key-man insurance is no longer needed after retirement |
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• Buy/Sell agreement is no longer needed due the sale of the company |
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• Purchase a minority interest in the business |
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• Bankruptcy creates the need for liquidity |
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• Retire a company debt |
Go to our Whitepaper download page for more information.
As Life Settlement Intermediaries, T-Horizons can help to make the Life Settlement process run smoothly to meet your clients' financial objectives.
To discuss a case you are currently working on and obtain a free policy evaluation for your client, please call 800-430-8849.
