Thomas and Katherine’s children were grown with kids of their own and successful careers – changing the need of the policy. They were going to surrender their policy for the cash value and reallocate premiums into other areas of planning. Through a life settlement, they were able to uncover significantly more value and fund the retirement
of their dreams.
Policy was eating cash flow needed for caregiving costs
Funded long-term care needs and relieved financial stress from her family.
On the verge of outliving his planned coverage
A life settlement created value and alleviated future premium payments.
Policy was underfunded and sitting in an ILIT
Eliminated future premium payments and used the funds for medical bills.
