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Family Law Attorneys...
A Financial Windfall Awaits
Many Unsuspecting Senior Clients
An Important Notice For...
Family Law Attorneys
Elder Law Attorneys
Estate Planning Attorney
Business Attorney
Divorce Attorneys
Bankruptcy Attorney
Tax Attorney
A New Fiduciary Responsibility for Advisers
Read this adviser liability article
Let us establish why it's part of a fiduciary responsibility to investigate the life settlement market. We'll demonstrate 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 dwindling savings, investments and home equity, and even for those seniors who are sustaining a comfortable lifestyle, a life settlement can provide 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 family law attorneys. These valuable financial instruments can prove to be extremely 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
Whether you are a sole family law practitioner or associated with a group of family law attorneys, your clients rely on trusted legal counsel when it comes to making decisions about buying, converting, surrendering or selling one of their most valuable assets - a life insurance policy.
If a senior client is deciding to let an unwanted or unneeded life policy lapse or to surrender it for any cash value, know that 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 family law attorneys:
The Examiner - Eldercare Funding Options - Life Settlements
American Bar Association-An Introduction to 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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