Life Settlement Estate Planning
If you have the need to remove a policy from an estate without invoking the “Three Year Rule” a Senior Settlement transaction will allow the removal of the policy and also free up capital to repurchase a policy outside of the estate if this is desired. You may want to convert a single insured policy to a more appropriate survivorship scenario. Perhaps there has been a drastic reduction the assets of the estate and less insurance will be required to address estate tax liability. Again, a Senior Settlement transaction can be advantageous to freeing up capital. There are many other reasons for the transaction and a Life Settlement Professional can explain the benefits.
