Life settlement developments

Posted by Bob Burton on Wed, Feb 20, 2008 @ 05:12 PM

Despite the likelihood of increased regulation of life settlements and of those who play a role in arranging for life settlements, as well as longer life expectancies potentially leading to lower offers, it is expected that the life settlement industry will continue to grow and flourish, especially with more and more institutional money entering the picture. This, coupled with the potential liability resulting from a failure to discuss a life settlement when it would clearly be in the best interest of a client, makes it important that each of us becomes familiar with those situations when a life settlement should at least be considered, including when the policy to be sold will be replaced with a better performing new policy.