What is a Life Settlement

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Simply the sale of all ownership and beneficial rights to a life insurance policy in exchange for an immediate cash payment.

Almost every State regulates viatical or life settlement transactions.  In 1911, Oliver Wendell Holmes ruled that Life Insurance is a 'capital asset' and therefore could be sold, just like any other asset.

Advisors have a fiduciary obligation to provide their clients with all available information, choices and options.

On average, the purchase price is four times more than the Cash Surrender Value.