Obviously, paying less tax on a settlement will make it more attractive under the new tax reform, but we expect the other elements mentioned to also encourage policy owners and their advisors to actively
consider life settlement options.
Let's discuss
your life settlement options and next steps.
You might even explore
a life settlement option, which will preserve the years of payments you put into the policy and yet give you a cash payout.
More policyholders are becoming aware of
the life settlement option, which increases supply, while investors are focused on buying distressed portfolios of already - settled policies, and new capital remains scarce.
These measures and efforts by LISA and the industry have raised awareness of
the life settlement option for policy owners.
Still,
the life settlement option is not for everyone.
There are a variety of life circumstances that may cause one of your clients to be interested in exploring
the life settlement option, such as the following:
If you are over 50 you will get more money then your cash value with
a life settlement option.