It’s time to re-introduce life settlements to accountants

In addition, because accountants are now current on their clients’ financial pictures, it’s the perfect time to familiarize them with other situations where a life settlement might apply:

• retirement,
• the sale or termination of a business,
• bankruptcy or an adverse change to a client’s financial situation,
• the death of a spouse,
• divorce, and
• the loss of a job.

From a market standpoint, it’s a particularly good time to be sure that all advisors, not just accountants, are aware of life settlements.  There is a big supply of money on the buyer side. And so policies are settling for higher amounts than they have in a very long time.  Again, this means added value for their clients.

The end of tax season represents a once a year opportunity to get in front of accountants on the most timely and favorable basis.  Remember, the proceeds from a settlement can make a really meaningful difference in your clients’ lives. 

And now, with buyers looking for attractive policies to invest in, the life settlement opportunity is better than it has been in many years.