Diane’s adult children were funding both her long-term care needs and maintaining her life insurance policy. However, an increase in cost of insurance was going to cause them to lapse the policy for the minimal cash surrender value. The long-term care facility recommended using Ashar Group to value the policy to uncover more potential value.
Their needs had changed, and they no longer needed the policy
They were able to uncover significant liquidity and fund their retirement.
Liquidity constraints reduced donations
Cash created donation for the charity she loves.
Client outlived all planning and premiums were due
The adult children no longer needed to fund the caregiving needs.