Since its beginning in the 1980s, the life settlement industry has continued to be a viable source for those wanting to sell their life insurance policies. However, even before the birth of the life settlement industry, the sale of life insurance policies was made legal during a famous U.S. Supreme Court ruling in which Justice
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Professionals within the Life Settlement Industry are saying that this new law, recently passed in Texas, could potentially affect the whole life settlement industry. So what is it about this new law that has life settlement professions jumping for joy? The new Texas law allows individuals to obtain Medicaid with a life insurance policy, with
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Before beginning the life settlement process you must first determine if you meet the list of criteria. Keep in mind that the list of criteria listed below is meant to act as a basic parameter and that each case is evaluated on a case-by-case basis. Typically, in order to sell their life insurance policy, policy
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The following is the transcript of an interview with tax attorney Larry Brody. Brody focuses his practice on estate planning for high net worth individuals and the use of life insurance in estate and non-qualified deferred compensation planning. In addition, he serves as an adjunct professor at Washington University School of Law and a visiting
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