Life Settlement Example

To better demonstrate the successful utilization of life settlements, I offer an example of how an unneeded life insurance policy ultimately was translated into more preferable coverage. Please note that this example is for illustrative purposes only and does not represent any specific life settlement case either presently or in the past.

Situation: An individual, age 73, has a $2 million life insurance policy with little cash value and a recent reduction in estate tax liability that, combined with effective gifting strategies, render the policy unnecessary.