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 >>
Even seniors who have planned carefully often find that the costs of retirement add up, forcing some retirees to cut corners severely on everything from health care to travel to legacy expenditures like helping with college tuition for grandchildren. Everyone over the age of 65 wants the freedom to create a retirement that meets their Read more >>
Knowledge is power for seniors focused on the optimal management of their finances, and a recent movement of state disclosure laws will increase consumer understanding of their life settlement options. Studies show that consumers who sell their life insurance policies receive four to seven times more money than they would receive from surrendering policies, yet Read more >>
The life settlement industry is poised for significant growth, and that growth needs to be undertaken with expertise and integrity. That was the underlying theme of Magna Life Settlements Chief Marketing Officer Scott Harris’s presentation at the annual LISA conference in Washington, DC. Harris addressed a room of life settlement professionals, brokers, financial advisors and Read more >>
Magna Life Settlements Scholarship is seeking to sponsor the growth and development of a student currently enrolled, or is enrolling into a four year collegiate program. This year we will award one $1,000 scholarship to an outstanding student who is interested in pursuing a career in finance. Requirements To be considered for the Magna Life Read more >>
Life settlements are a great financial option for people who find they no longer need coverage, whose circumstances have changed or who are experiencing financial hardship. This is especially true for senior citizens whose policy premiums have risen beyond what they may be willing to pay. It’s also a way for someone to put extra funds Read more >>
A Wall Street Journal recent article entitled “Millions Bought Insurance to Cover Retirement Health Costs. Now They Face an Awful Choice”, discussed the recent trend of increases in rates for Long-Term Care insurance. The article discusses how many people were told that they would have level premiums to cover medical needs in the future. These Read more >>
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 >>
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