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Certified Financial Planners...
An Unexpected Windfall Awaits
Many Senior Clients
Important Notice for Certified Financial Planners
With a Primary Practice in...
Personal Financial Planning
Elder care
Business planning
Tax planning
Estate planning
Retirement planning
A New Fiduciary Responsibility for Advisers
Read this adviser liability article
Let us demonstrate why there may be a fiduciary responsibility associated with the life settlement market. We'll show you why a life insurance policy appraisal should be a natural step in the planning process for seniors age 65 and older and why it must be considered as an alternate exit strategy to lapsing or surrendering a life policy.
With millions of seniors struggling financially due to deteriorating savings, investments and home equity, and even for those seniors who are living a comfortable lifestyle, a life settlement can represent an unexpected and substantial financial windfall for certain senior life insurance police owners.
Life settlements are relatively unknown to life insurance policy owners and also to many certified financial planner professionals. These valuable financial instruments can be highly lucrative for many senior clients.
Life Settlements - Critical Issues Clients Should Know Before Selling Any Life Insurance Policy
Discover Answers to these key questions:
What is a life settlement?
The life settlement marketplace and statistics
Benefits to the life policy seller
Typical uses for the cash proceeds
Who qualifies for a life settlement?
Actual case examples
Click here to receive your FREE Life Settlement Guide
Clients rely on your trusted financial advice when making any decisions about buying, converting, surrendering or selling one of their most valuable assets - a life insurance policy.
If the intent is to let an unwanted or unneeded life policy lapse or be surrendered for cash value, selling the policy can return, on average, three to five times the cash surrender value or more. Even a convertible term policy can be sold for a substantial cash payout.
Additional References for CFPs:
The Examiner - Eldercare Funding Options - Life Settlements
AARP Bulletin Today - Turning Life Insurance Policies Into Cash
Check out this
remarkable IRS-approved zero estate tax and zero income tax strategy
"Life insurance settlements provide living benefits that can be utilized by individuals, corporations, trusts, and non-profit or charitable organizations, alike. Senior policy holders, certified financial planners and their clients need to be aware of the tremendous monetary value hidden within many life insurance policies." - Robert M. Smith, CFP
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Fortress Financial Group, LLC, a northern Colorado based financial planning firm, founded by Robert M. Smith, CFP, focuses on strategies to legally preserve and protect 401k, 403b retirement plans and other pension plans from federal and state income and estate taxes. Fortress Financial Group, LLC, serves local and regional areas of Colorado, including Denver, Boulder, Colorado Springs, Fort Collins, Loveland, Greeley, and other locations within the U.S.
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