For Immediate Release
Ashar Group announces the SMV®, Secondary Market Valuation for the Financial Services and Life Settlement Industry
Orlando, FL – August 21, 2014 (Marketwire) Ashar Group today announced a new valuation standard for determining fair market value of life insurance policies in the Financial Services and Life Settlements Industry called the SMV®, or the Secondary Market Valuation℠.
Ashar’s proprietary SMV®, Secondary Market Valuation, is a unique analysis performed by Ashar Group to assess the fair market value of a life insurance or annuity asset for planning purposes.
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Life Insurance and Annuities are assets, just like real estate, that have a market value based on supply and demand. If you decided to sell your home, you could sell it on the open market for a fair price to a qualified buyer. It’s the same with Life Insurance and Annuities. But instead of the real estate market, you’re selling these assets on what’s called the Secondary Market.
So, why not get a secondary opinion® of potential secondary market value before you make any final decisions about existing life insurance or annuities?
As economic and demographic circumstances emerge to create a demand for liquidity and cash flow solutions, alternatives like the SMV®, the Ashar Group Secondary Market Valuation, have been a prudent and valuable solution for advisors to finally provide the clarity and concise policy analysis clients demand. The simplicity, accuracy and trustworthy insight of the SMV® is a smart choice in the following situations:
Life insurance has long been a planning tool to offset the impact of federal estate taxes or provide financial relief when a family needs it most. One of the most significant events that impacted recommendations by attorneys, CPAs, and advisors was the passing of the American Taxpayer Relief Act of 2012 (ATRA), which increased the estate tax exclusion to $5.25 million for individuals and, with portability, $10.5 million for married couples. This has created many discussions with clients and their advisors as the need for life insurance planning for estate tax purposes might need to be reevaluated.
The Secondary Market has changed the way we think about life insurance, planning, and maximizing back-end liquidity. The Secondary Market Valuation SMV® simply cannot be overlooked for a family, individual or business entity. The mission of our team is to provide much needed value and support to advisors and their clients at a time when cash flow concerns may be overwhelming or their needs have changed.
The number of people in the United States aged 65 and older is expected to double by the year 2030 to nearly 71 million people (roughly 20% of the U.S. population). That's over 10,000 people per day that will require guidance from trusted advisors to fund their retirement and healthcare needs. The Secondary Market becomes more relevant and stronger each day with this aging population. The question is, "Which advisors will become the centers of influence within their communities that clients and others will look to for better understanding of this market?"
As needs emerge among seniors for Long Term Care, Retirement Income and Lifestyle Protection, many are seeking alternative funding solutions. To meet these needs and to provide due diligence, advisors are embracing the Secondary Market for Life Insurance and the Life Settlement process.
get a secondary opinion® of the potential value of your client’s policy at https://ashargroup.com/quiz/
