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.
Liquidity constraints reduced donations
Cash created donation for the charity she loves.
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.
Business was sold, and the policy was no longer needed
Business owner was able to receive additional value above and beyond the sale of the company.
