At Ashar, more than 50% of the life insurance policies we review are owned in Irrevocable Life Insurance Trusts, or ILITs.
These are trusts set up specifically to own a life insurance policy. When the policy owner dies, the death benefit passes to the trust, rather than to an individual or company. The appointed trustee can then distribute the funds according to the policy owner’s, or grantor’s, wishes. Continue reading →
If you’ve been named a trustee by a living family member or close personal friend, you may be feeling somewhat overwhelmed.
It’s a big responsibility to oversee someone else’s finances. How can you be sure that you’re doing the right thing? How do you know what’s best for the person whose financial future is in your hands? Continue reading →
If you’re like most people, you bought your life insurance policy because you wanted to take care of your family.
You wanted to make sure that if something happened to you, your spouse and children would have something to live on. That’s what we all want: to take care of the people we love to the best of our abilities. Continue reading →
At Ashar, we’ve got one motto that guides every aspect of our business: Do what is right, and you will be blessed. It’s so integral to our way of thinking, in fact, that we named our business after it – that’s what ‘ashar,’ a Biblical term, means.
We’ve spent our years in the life settlement industry working to build strong, trusting relationships with the people we serve. It comes naturally to us – after all, we started this business as a family. Continue reading →