We’re all now aware that recent tax reform law is the first major tax overhaul since 1986 when Ronald Reagan was President. Noteworthy provisions: the standard deduction has doubled, tax rates are lowered and fewer people deal with the alternative minimum tax. None of this will likely affect 2017 taxes. However, four less-publicized tax reform Read more >>
AUSTIN, TX JANUARY 5, 2018 – Magna Life Settlements, a multi-billion dollar originator of life settlements, announces the promotion of industry veteran Clay Gibson to Senior Vice President, Origination and the hiring of Scott Harris as Chief Marketing Officer. Along with the key hires and promotions, the company is expanding its space and moving to downtown Read more >>
You’ve worked hard for decades. You’ve put in the hours and saved diligently, and it’s now time to reap the rewards. Starting retirement isn’t as easy as simply stopping going to work and watching the checks roll in, though. You want to maximize your retirement experience. These are your years, and you need to live Read more >>
A life insurance policy is designed to remain in place for decades, providing you and your loved ones with peace of mind. This is because death benefits can provide loved ones with financial support after you pass away. However, your personal finances can change drastically over time and you may be in a situation where Read more >>
The European Life Settlement Association (ELSA) will be holding its Autumn Symposium on Tuesday, November 29. The conference is being held at the Earlsfort center in Dublin, Ireland, and will provide an important opportunity for decision makers in the Life Settlement Industry to meet and discuss issues affecting the Senior Life Settlement market. ELSA’s focus Read more >>
On October 16-18, Magna President Dan Young and General Counsel David Serra attended an spoke at the 22nd annual Fall Life Settlement and Compliance Conference in Scottsdale, Arizona. The conference was held by the Life Insurance Settlement Association (LISA), which brings together professionals from all parts of the life settlement industry, with a wide range of Read more >>
Magna is pleased to announce that Magna President Dan Young and General Counsel David Serra will be speaking at the 22nd annual Fall Life Settlement and Compliance Conference in Scottsdale, Arizona on October 16-18. The conference is being held by the Life Insurance Settlement Association (LISA), and brings together professionals from all parts of the Read more >>
Imagine that you were leasing a car and you had narrowed your options down to two; a Honda and a Ford. Both cars had everything you wanted, but for some reason the Ford was more expensive. So you lease the Honda for three years. After six months, Honda informs you that they mispriced the lease, Read more >>
Dear Editor, I read your article regarding life settlements and the response thereto (Viatical settlements stage comeback to insurers’ chagrin, April 2014 edition). I would add to the conversation that the ability to sell a policy is very clearly a benefit to seniors. When one has an asset, the ability to monetize it is based Read more >>
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