So much of our adult lives is spent working to acquire money. We want to increase our income, improve our investment returns, add to our retirement accounts. Once we’ve sent our children through college, reached our retirement funding goals, and accomplished what’s important to us, those of us who want to can shift to a […]
If you’re a financial planner who works with retirement-age clients, the topic of life settlements should be a regular part of planning conversations. Life settlements allow a life insurance policyholder to sell their policy to an institutional buyer for more than the policy's cash surrender value, but less than the net death benefit. The purchaser […]
If you or a loved one has had to enter a hospital in the last several years, you’re undoubtedly familiar with this scene that was recently highlighted by the AARP. The patient is lying in a hospital bed, either awaiting or recovering from a procedure. Suddenly, a staff person who isn’t a doctor or nurse […]
Sooner or later, given enough time, most elderly adults will require care assistance, with much of this assistance requiring long-term care. While 65% of those needing care rely exclusively on those close to them, another 30% will employ paid providers for supplemental assistance. In contrast to men, women are significantly overrepresented as care providers and […]
As many families know all too well, Alzheimer’s is a devastating disease in so many ways. According to the Alzheimer’s Association, in 2016, 5.5 million Americans had this illness, and 15 million Americans provided unpaid care for someone with the disease. That means Alzheimer’s is affecting at least 20.5 million Americans in a highly personal, […]
iYou’ve just helped your client complete a life settlement. Congratulations! You’ve saved them years of expensive premium payments, increased their financial security, and given them a financial cushion in case they need long-term care. Now that your client has received their lump sum payment, the question becomes - now what? While some clients may know […]
One issue that financial advisors, elder care lawyers, long-term care advisors, and insurance advisors may all experience in common is that they don’t know when a life settlement might be a good fit for a client. Since many financial professionals are unfamiliar with the life settlement market already, it can be difficult to determine how […]
As retirement has changed over the past several decades, longevity has become a more and more important part of financial planning. As life expectancies gradually become longer, company pensions continue to disappear, and long-term care becomes more expensive, the unwelcome possibility of outliving one’s money has become more of a concern.
One of the most frequently asked questions the Ashar team receives when speaking with advisors is “How do I identify life settlements cases?” Financial professionals and fiduciaries want to know how to best serve their clients but aren’t sure what situations are a good fit for a life settlement. The great news is, you don’t […]
Experienced financial advisors have handled all sorts of situations throughout their careers. From weathering economic ups and downs, to helping individual clients with unusual life circumstances or needs, financial advisors know that versatility and a wide knowledge base are key to earning and retaining their clients.
