Life Settlement Expert to Unlock Financial Assets
Life Settlement Expert to Unlock Financial
Assets for Clients through Life Settlement Process
Company offers thorough education and ROI analysis for
clients on the benefits of keeping vs. selling their life insurance policy
Life Settlement Expert, a professional life settlement firm that has secured
millions of dollars for its clients through the life settlement process, is
proactively educating its clients and the CPA community about the opportunity to
unlock the hidden assets that may exist in current life insurance contracts.
In the midst of billion‐dollar bailouts and an escalating national debt,
Americans are being hit hard financially. With this in mind, Life Settlement
Expert has taken a transparent and proactive approach to ensure that its clients
understand and develop a broad perspective of all of the options that they may
not realize exist regarding their life insurance contracts – including the life
settlement option.
A life settlement is a financial transaction in which a policy owner possessing
an unneeded or unwanted life insurance policy sells the policy to a third party
(institutional funder) for more than the cash surrender value offered by the
life insurance company. According to Conning Research and Consulting, Inc., more
than $12 billion in U.S. life insurance face values was processed through life
settlements in 2007, representing the most significant industry growth since
2005. Further, the research firm predicts this increase will continue to
fuel its expectations for market growth through 2010.
Now more than ever, Americans are seeking new ways to navigate this financial
crisis we are in. Many individuals who currently own life insurance contracts
aren’t aware that a life settlement can generate substantial impact and achieve
financial freedom by transforming an un‐realized asset into immediate capital.
Our clients have used their settlement funds for a variety of reasons – to
eliminate debt, start new investments, purchase replacement insurance that is
more relevant to their current needs and even help family members who may be
suffering financially and need the capital now.
Leveraging a proprietary analysis tool, Life Settlement Expert provides policy
owners with a 360‐degree view of their unique options, outlining the economic
benefits, tax ramifications and estate planning rationales for selling,
maintaining, replacing or purchasing additional insurance for their estate or
business planning needs.
If a life settlement is chosen by a client as the best option once the policy
appraisal and in‐depth analysis is complete, Life Settlement Expert works with
nearly 30 of the most credible, reliable and qualified institutional funders to
secure the highest offer possible. Unlike many of its competitors, Life
Settlement Expert is proactive in disclosing the gross and net offers to every
client to ensure absolute transparency throughout the entire life settlement
process.
In addition to working directly with clients, Life Settlement Expert also takes
an industry leadership role by hosting regular educational webinars for CPAs and
financial planning professionals. Each webinar provides attendees with valuable
information, topics and trends regarding the life settlement industry and how it
may be a viable option for their own clients.
“Our clients appreciate knowing the true economic value of their life insurance
and welcome Life Settlement Expert appraisal process – the result is real added
value,” said P. W., CPA in Orange County, California and Life Settlement Expert
CPA partner.
Baby Boomers Financially Rescued
If you’re afraid of this Financial Crisis, Seniors over age 70, look to your estate plan for help
Most seniors’ assets have been pummeled in the financial markets, losing as much as 40% of their hard earned retirement. The stock market and related Real Estate investments under the current situation are not easily liquidated without suffering enormous losses. The most authoritative advisors are uncertain with regard to when the market will begin to stabilize. This brings concern as to how many will survive this “Perfect Storm”. If you are over 70, you may find a financial “life raft” in your estate plan. Seniors over 70 are finding the Large Life Insurance Policies they purchased to pay estate taxes can be sold at a considerable profit. A Newport Beach builder found 1.5 million in his term policy that was about to expire. It is imperative for all of us to keep our business and family safe, valuing all your assets in today’s values will help you make the plans necessary to weather this perfect storm. Life insurance that was purchased for the future death of the insured could now be the “life raft” for many. Institutional Trusts set up with money from pension funds are buying policies at prices way above their cash surrender value. Appraising your policies now could make up some or all of the losses you have suffered in this market.
Seniors unlock valuable assets
Seniors are being made aware of new options with respect to their Life
Insurance. How do I get more money than my Life Insurance Company is willing to
give me?
Irvine, Calif. – Life Settlement Expert, a professional life settlement firm, provides the opportunity to seniors, with life insurance policies that are no longer needed or are cost prohibitive, to obtain significantly higher payouts than what the insurance carriers are willing to pay. In cases where the individual wishes to keep their insurance, the policy may be restructured to reduce the premium and/or increase the death benefit.The Fair Market Value of the policy is often 15% to 40% of the amount of the insurance in force and can be determined by an appraisal done through a qualified life settlement company.Beware of any individuals that want to buy your policy The Life Settlement industry has grown over the last six years to over a billion dollar industry through Institutional, Bank and Pension Funds.Policies should only be purchased by Institutional Trusts; NOT with individual money.
These Institutional Trusts are set up to be completely anonymous, where no one knows who owns the policies.
What to look for in a Life Settlement Company
Seniors that are interested should deal with a firm that specializes in Life
Settlements and does a
complete analysis for the client in advance of the settlement process.
Make sure the firm you deal with does these things:
- A preliminary value analysis before the formal appraisal
- Runs a return on investment showing keeping vs. selling your life insurance
- When the full appraisal is done the firm uses as many as 10 or more funders
to bid on your
policy - Shows you each Bid on a gross and net basis (meaning you see the total amount
of each bid) - Never sells a policy within the first two years
Don’t be fooled‐Deal with a firm that will give you Professional references as
well as Client
references.
