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Life settlements a hidden assest


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If you believe the life settlement market might be a good option for one of your clients, download this PDF presentation. Inside, you’ll find everything you need to walk your client through our process and begin thinking about whether or not selling an unneeded or unwanted policy makes sense.

Published in: Health & Medicine
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Life settlements a hidden assest

  1. 1. ____________________ How would you feel if the only person you could sell your home to is the same person you bought it from? Consider This
  2. 2. ____________________ Over 80% of all life policies will lapse or are surrendered. Life Settlement Fact
  3. 3. Life Settlement Timeline____________________
  4. 4. ____________________ ● Above age 65 ● $250,000 minimum policy value ● Life expectancy of 3 years and above ● Policy beyond 2 year contestability Who Qualifies?
  5. 5. Most common: Universal, Whole Life and convertible Term Life Also qualify: Adjustable Life, Variable Life, Survivorship, First to Die, and portable Group Life Types of Policies Purchased____________________
  6. 6. ● Underperforming policies ● Estate size reduction ● Family issues ● Divorce or Bankruptcy ● Deterioration of health ● Retirement ● Sales of Business ● Death of spouse ● Estate tax reform ● 1035 Exchange Reasons to Sell a Policy ____________________
  7. 7. The Life Settlement Process____________________
  8. 8. ● Cost basis is not taxable ● Balance of proceeds will be taxed depending on specific situation *DISCLAIMER Life Settlement Advisors, LLC are not accountants. Please speak with your tax professional before making any decisions to ensure they are right for you. Tax Implications____________________
  9. 9. ● Free up cash and generate liquidity to invest elsewhere ● Represent the client’s best interest Benefits to the Financial Advisor ____________________
  10. 10. ● No cost ● Liquidity ● Relief of premium expense ● Fund alternative product to fit current needs Benefits to the Client ____________________
  11. 11. ● When was the last time you had your policy reviewed? ● Do you have a policy that is underperforming or unneeded? ● Does the need for the policy still exist? ● Have you had any significant life changing events? ● Is your policy in danger of lapsing or being surrendered? Questions to Ask your Client____________________
  12. 12. ● Experience and knowledge of market ● Process and package the case in a timely manner (with all associated costs) ● Resources to help ensure you're making an educated decision. ● Full transparency on the values of your policies before you accept an offer. How we can Help ____________________
  13. 13. ● The life settlement process typically takes between 2 - 4 months ● All that is needed is a copy of the life insurance policy and a completed Life Settlement Application Getting Started____________________