Posted by The Policy Settlement Alliance on Fri, Sep 03, 2010 @ 09:37 AM
By Jeff C. Kennedy
A life settlement specialist is in great demand today due to the continued growth of the settlement industry. A life settlement specialist is one who has been in the industry for both the ups and downs and is seeing the upside of the industry once again.
Today’s life settlement specialist can be confident that the industry will continue to grow and maintain itself at a healthy rate due to the efforts of LISA (Life Insurance Settlement Association) and state regulation across the country. LISA continues to support the brokers, agents, providers, and funders that make up the industry. Each specializes in the multiple aspects of the life settlement process. LISA has represented all who participate in the process including the consumer with its assistance in the writing of legislation. LISA has also paid much attention to other industries that support life settlements such as the life expectancy reporting industry.
LISA’s common sense approach to legislation and education has helped the industry recover and has put today’s life settlement specialists in great demand.
Click the LIVEpdq link for more information and for a free life settlement evaluation.
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by The Policy Settlement Alliance on Fri, Sep 03, 2010 @ 09:30 AM
by Jeff C Kennedy
A group of life settlement specialists will weigh in with their knowledge at the 16th annual fall life settlement conference sponsored by LISA (Life Insurance Settlement Association).
Life settlement specialists including major companies, funders, policy makers and regulators are expected to attend. The life settlement industry is a consumer driven market and public awareness of settlement opportunities are at an all time high. Life settlement specialists plan to speak about the two largest life settlement markets, California and New York, and how capital markets will drive the industry. As always, speakers will touch on the markets vulnerabilities and strengths.
This year’s annual fall life settlement conference will be held November 10-12 in Miami Beach Florida. The conference is an excellent networking opportunity for life settlement professionals and is always recommended to help keep up with settlement legislation and trends.
Click the LIVEpdq link for more information and for a free life settlement evaluation.
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by The Policy Settlement Alliance on Fri, Sep 03, 2010 @ 09:27 AM
By Jeff C Kennedy
There may be life settlement taxation implications when you sell your life insurance policy. All life settlements are not the same and not all policy owners pay taxes on a settlement. In fact, how or if you will be taxed often depends on individual State law. Policy owners are urged to discuss life settlement taxation implications with their financial advisor.
Generally, if you sell your life insurance policy in a settlement, the difference between the cash surrender value and the amount the policy was sold for, less the amount paid into the policy can be considered a taxable gain. There are equations that have been created to determine if a portion of your life settlement will be taxed.
There are some things you can do with funds from a settlement to avoid life settlement taxation. An experienced life settlement broker/agent can help you learn more.
Click the LIVEpdq link for a free life settlement evaluation today!
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by The Policy Settlement Alliance on Fri, Sep 03, 2010 @ 09:24 AM
By Jeff C Kennedy
Some settlement sites will include a life settlement testimonial. Testimonials are a positive addition to any site because they do create a sense of confidence with the company you are researching. However when reading a life settlement testimonial there is a specific aspect you should be looking for and that is results.
All companies, life settlement and other wise, should talk about great customer service and the attention they pay to detail in completing your settlement transaction. By now you should know that your broker/agent should discuss with you not only if you qualify for a life settlement, but if a life settlement is the best financial decision for you. The final and key element you should look for in a life settlement testimonial is dollars. Was the transaction completed and how much bang did they get for their buck? A good testimonial will show what the policy was worth, what the cash surrender value was, and what the broker/agent was able to sell the policy for.
Click the LIVEpdq link for a free life settlement evaluation today!
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by The Policy Settlement Alliance on Fri, Sep 03, 2010 @ 09:21 AM
By Jeff C. Kennedy
Have you ever wondered who is involved in completing a life settlement transaction? There are many players involved in a settlement. There is the owner of the policy and the insured covered by the policy. Most times they are one in the same, but sometimes the owner and insured are two different persons. The settlement agent or broker represents the owner in the life settlement transaction by advising the owner of their options, packaging and preparing the policy for settlement, and shopping the settlement. The settlement provider is the company that the policy is being shopped to and will purchase the policy. Then there are funders. Funders are the investors who provide the liquid cash to providers to purchase life settlements.
As previously mentioned, your agent/broker will be packaging and preparing the life insurance policy for sale. To do that, the agent/broker will be working with the company that issued the life insurance policy, medical staff of the insured, and companies that provide life expectancy reports.
There are many players that come together to complete a life settlement transaction. Having an experienced agent/broker is key to making sure everyone is working together for your life settlement.
For a free life settlement evaluation click the LIVEpdq link today!
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by The Policy Settlement Alliance on Fri, Aug 27, 2010 @ 08:53 PM
By Jeff Kennedy
Life settlement transactions can be made simple. There is a free tool that you can use online to assist you in reviewing your life insurance policy and discover how much your policy is worth in a life settlement transaction. The free tool is called LIVEpdq and you can access it here.
With LIVEpdq you will answer basic questions regarding your life insurance policy and medical history that will help determine if your policy is eligible for life settlement transactions. Once you are able to determine the policy is eligible, LIVEpdq will provide a free estimate of what your policy would be worth in life settlement transactions.
With LIVEpdq you can also access a wealth of information regarding life settlements. There is also personal and professional information on the broker/agents that can answer your specific questions about life settlements.
Click the LIVEpdq link for a free life settlement estimate today!
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by The Policy Settlement Alliance on Fri, Aug 27, 2010 @ 08:51 PM
By Jeff Kennedy
Life settlement trading has gotten a lot of attention from Wall Street. According to an article published in the New York Times, as big business investors are battling to reshape the financial industry they are looking for new investments. Life settlement trading is becoming popular and is expected to bring a sizable return.
The process of life settlement trading comes about when life insurance policies are sold. Hundreds of Thousands of policies are securitized by packaging them together into bonds. The bonds are then traded or sold to big institutional investors who collect the death benefit when the insured parties die.
There is some risk associated with settlement trading to consider. Some insured parties may live longer than their life expectancies suggest. However because there are so many policies bundled together, the few losses are expected to be covered by high gains.
For more information and for a free life settlement evaluation, click the LIVEpdq link today!
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by The Policy Settlement Alliance on Fri, Aug 27, 2010 @ 08:49 PM
By Jeff Kennedy
If you plan to enter into a settlement you need to consider life settlement taxes. As I mentioned in previous blogs, not all life settlements are the same. Life settlement taxes are generally addressed by the federal government and the IRS; however the State in which the policy owner lives also has regulations regarding life settlement tax. It is advised that you consult a tax professional or your financial advisor for information on life settlement taxes in your State.
The IRS ruling 2009-13 was released in May of 2009 and gives some guidance to taxation and the sale of a life settlement. Within a life settlement there are capital gain and ordinary income components to be considered. Ordinary income refers to the cash surrender value of a policy, the funds you would ordinarily receive if you simply surrendered the policy. The difference between the surrender value and what you actually receive in a settlement can be considered capital gain depending on the situation.
For more information and for a free life settlement evaluation, click the LIVEpdq link today!
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by The Policy Settlement Alliance on Fri, Aug 27, 2010 @ 08:47 PM
By Jeff Kennedy
If you plan to sell a life insurance policy, you should be aware you may pay a life settlement tax. The most important thing to remember is every life settlement is different. Different States have different tax regulations for life settlement tax. It is advised that you contact a tax professional or financial advisor for information on life settlement tax in your state pertaining to your settlement.
With that said, there is a general rule of thumb regarding the taxation of a life settlement. Generally speaking if your life settlement is sold for more than the cash surrender value, which it should, you could possibly be taxed on the difference. Some things that are considered in the equation are the settlement amount, amount of money paid into the policy prior to settlement, the annual cost of the insurance, and the cash surrender value.
For more information and for a free life settlement evaluation, click the LIVEpdq link today!
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.
Posted by The Policy Settlement Alliance on Fri, Aug 27, 2010 @ 08:45 PM
By Jeff Kennedy
There is a 4th annual life settlement summit scheduled for fall of 2010. The Life Settlement and Longevity Summit is scheduled for late September in New York City.
One main topic on the life settlement summit agenda is regulation. How regulation impacts life settlements and how the changes affect individual broker/agents. Also on the agenda is information about the new emerging market and investment players.
Attendees of the life settlement summit are expected to gain information about new regulatory and taxation impact on the industry both positive and negative, and gain insight on the life expectancy industry and how to interpret reports. A key speaker who will be addressing all of these issues is Doug Head, the Executive Director of LISA (Life Insurance Settlement Association). Most importantly attendees will have the opportunity to network with fellow broker/agents and meet life settlement advisors, funders, and fund managers.
For more information and for a free life settlement evaluation, click the LIVEpdq link above today!
Note: Blog posts reflect the opinion of the author, which may differ from the opinion of policysettlement.com.