10 Reasons Why Life Settlements Make Sense?

10 REASONS
WHY LIFE SETTLEMENTS MAY MAKE SENSE:

There are many reasons why you may want to consider
a Life Settlement:

	Your policy’s premium cost has become prohibitive and lower cost alternatives are not available from your carrier
	Your policy’s performance has not met original projections and may require additional premium to support the death benefit
	The primary beneficiary named in your policy predeceases you and the policy is no longer needed for other purposes
	You are now divorced and the beneficiary was your spouse and you do not wish to name another beneficiary
	A corporate buy-sell agreement was established and now one of the partners has died or left your company
	One of your key executives has retired or left your firm
	The level term policy's conversion period is expiring on your existing policy
	Your term insurance premium costs have increased beyond affordability
	Your estate has been reduced in size and thus your tax burden has been reduced* proportionately
	The government estate tax exclusion allowance has increased thereby lowering the amount of insurance that you need to pay your estate tax liability*

* In those instances where an insurance policy was purchased to fund the estate’s tax obligation and now is no longer needed, rather than just letting it lapse or surrendering it for its net cash surrender value, it may be settled for far more dollars. Bear in mind that tax reform legislation is being proposed. Consult your tax advisor for advice on your particular circumstances.