Once a life insurance policyholder gets an estimate from a life settlement calculator, residents of New York state are encouraged to next get familiar with life settlement tax laws in New York.
New York state has made it a legal requirement that life settlement providers have a license to operate. So, there are only a select group of life settlement companies who can help you sell your life insurance policy within the state of New York and the city of Buffalo. Policyholders should seek professional guidance from a company like Windsor Life Settlements in order to work within the law and get the best outcome.