Because a life settlement can be an excellent source of income to help pay for retirement expenses, no one should miss that windfall simply because they don’t understand the life settlement process. As the word gets out about the potential upside of life settlements, seniors who are likely to benefit from these transactions need guidance Read more >>
Americans have more choices than ever—about television shows, car services, or where to get their news, shop, and book travel. So it would follow that seniors seeking financial help during retirement should be informed about every viable option, including life settlements. This option, which can convert an unneeded life insurance policy into a windfall, is Read more >>
Recent reforms have helped increase the popularity of life settlements, since changes to the tax code make it a more favorable option for seniors looking to convert a life insurance policy. Specifically, the March 2018 tax bill included several provisions that should change the way consumers view a potential life settlement, including: Reduction of Taxes Read more >>
As the life settlement market increases in visibility, more and more seniors are learning that a settlement can be a profitable way to get a cash benefit from a life insurance policy. The key to making a decision concerning life insurance options, however, is understanding who is eligible for a life settlement and who is Read more >>
What agents don’t know can hurt the financial future of life insurance policy owners. About half of all agents are uninformed about the benefits of life settlements, which is the sale of a life insurance policy for cash to an investor. Because of this disconnect seniors are missing valuable financial opportunities. Take the case of Read more >>
According to data collected in 2012 by the U.S. Census Bureau, the sector of Americans over the age of 65 is expected to double by 2050, comprising about 20 percent of the nation’s population. This trend of aging baby boomers will affect demand in a number of industries geared toward seniors. Specifically, the graying of Read more >>
Thanks to the proliferation of services like Uber, Airbnb, Lending Club and a host of others, sharing services have become a multimillion dollar industry. At the heart of the sharing economy is the notion that everyone can benefit when people use the goods or services they don’t need to benefit those who do. The growth 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 >>
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