Instead of focusing on their own retirement and family financial goals, Maria’s adult children were funding her caregiving needs. The life settlement created enough funds to pay for her care and eliminated the burdensome premium payments. Her children were happy they could fund care for their mother and focus on their long-term financial goals.
Donated policy to a charity ran out of cash value to pay premiums
Donor was able to create a living legacy and enjoy seeing the gift used while living.
Policy was no longer needed for estate planning
Client was able to fund all lifestyle and caregiving needs.
Their needs had changed, and they no longer needed the policy
They were able to uncover significant liquidity and fund their retirement.