Description
Learn valuable strategies for life insurance settlements and how you can help your clients get maximum value for a life insurance policy.
Many wealth advisors, though they have heard of life settlements, have no understanding of the transaction. Yet many clients are looking to maximize the value of life insurance they no longer need. Advisors have the opportunity to be a resource for clients. But life settlements are confusing, and navigating the marketplace is a mystery to most advisors. This topic will provide the wealth advisor with all of the information needed to be a guide for clients looking for direction. The material provides a background in the history and use of life settlements. It will unlock the life settlement sales process and provide the attendee with a reallife look at successful life settlements. The information will focus on practical matters like taxation and include creative solutions that you can implement for clients right away. This topic will demystify the subject and provide a practical and prudent process for fiduciaries and trustees to follow while examining the life settlement option. A robust handbook accompanying the session will become your favored manual on the subject. By attending, you will become a resource your clients and peers will look to when addressing this subject.
Date: 2020-07-29 Start Time: 1:00 PM ET End Time: 2:30 PM ET
Learning Objectives
* You will be able to define a prudent process to maximize the value of a life insurance policy through a life settlement.
* You will be able to discuss the value of the life settlement transaction.
* You will be able to explain the life settlement transaction and how to get the maximum value for a life insurance policy.
* You will be able to identify which life insurance policies will generate the highest value in the secondary marketplace.