How Can a Life Settlement Supplement Your Retirement? An Introductory Guide

Kimberly MaturinoNews

How Can a Life Settlement Supplement Your Retirement? An Introductory Guide When seniors with life insurance policies who are heading into retirement or who are already retired realize that they have poor financial prospects, the first thought that comes to mind is one of despair. It’s the thought of being forced to sell something near and dear to them, such … Read More

Competent Evaluation of Life Settlement Options.

Kimberly MaturinoNews

How to fund long term care

Having a dynamic and up to date understanding of life settlements is vital for financial advisors. There are varying circumstances where life settlements may be beneficial for clients, but one size does not fit all.  It is important to remember that not all clients that want a life settlement may qualify.  In addition, life settlements may work well for some … Read More

When Should You Sell Your Life Insurance?

Kimberly MaturinoNews

financial tools

A quick look at when a life settlement is the right choice. Each individuals situation is unique and this can present a challenge.  Policy holders that are up to the challenge of identifying unique solutions for their financial needs are positioned to preserve more wealth.  With that in mind, what are some circumstances in which individuals may find that selling their life … Read More

Life Settlements Common Myths

Kimberly MaturinoNews

life settlement beneficial

Many financial advisors are still relying on outdated or inaccurate information when considering life settlements. Life Settlement transactions basically boil down to allowing policy holders to sell their existing life insurance to a third-party life settlement provider, ideally for a cash value in excess of the policies surrender value. Although the benefits of this option are simple and clear, advisors … Read More

A Powerful Tool For Financial Advisors – Life Settlements

Kimberly MaturinoNews

financial advisors

These powerful financial tools are often overlooked or misunderstood.  Learn how they can fit into your advisor’s toolbox. If you are like many advisors when the subject of life settlements comes up ideas like confusing, unregulated, or just plain creepy may come to mind.  With any financial instrument, there are concerns that need to be addressed through proper research and … Read More

The History of Selling a Life Insurance Policy

Kimberly MaturinoNews

selling life insurance policy

The Start of the Secondary Market for Life Insurance. In Grigsby v. Russell, 222 US 149, the U.S. Supreme Court ruled in 1911 that consumers have the legal right to sell a life insurance policy to a third party. Justice Holmes wrote, “To deny the right to sell except to persons having such an (insurable) interest is to diminish appreciably the … Read More

Seniors Ask: Can I Sell My Life Insurance Policy?

Kimberly MaturinoNews

insurance settlements

Can I Sell My Life Insurance Policy? With rising costs in long term care and the explosion of Americans entering retirement, many seniors have found themselves asking, “Can I sell my life insurance policy?”  The answer to this question is a qualified “yes”.  Although life settlements have become a well regulated safe tool to help seniors generate cash, there is … Read More