Many seniors today are finding that there’s more life after retirement than money. A combination of a few bad years in the market and longer life spans (the latter obviously a good thing), means that there isn’t as much money to help them maintain a certain lifestyle throughout their retirement. There are things seniors who […]
The life settlement market is gaining new popularity as aging populations realize there’s a little more life at the end of their retirement funds than they anticipated. The life settlement occurs when people who have whole life policies sells the existing policy to a broker or other third party for a value that’s higher than […]
States have recognized the value of life settlements to Medicaid laws for seniors.
The Deal Reports Findings from Annual Life Settlement Survey NEW YORK, June 23, 2014 /PRNewswire/ — The Deal, TheStreet’s (NASDAQ: TST) institutional business, today issued results from its annual survey of the life settlement market showing that transactions stopped their precipitous decline last year as the face value of life insurance policies sold reached $2.57 […]
A California couple brought a class action lawsuit against Lincoln National Insurance
One question financial advisors are asking themselves today is whether life settlements have returned to the fold as a viable tool in their clients’ planning strategies. Clients who have seen their retirement portfolios sink in the past few years need options, and selling life insurance policies that they have identified as unattractive investments can provide […]