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Unlock the Hidden Value in Life Insurance Policies

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CONTACTS AT BBGCPSSETTLEMENTS.COM

Brown, Steven

5750 Ol●●●●●●●rd Road

Sk●●ie , IL, 60077

US

847●●●700
sb●●●●@bbgcps.com

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null

Brown, Steven

5750 Ol●●●●●●●rd Road

Sk●●ie , IL, 60077

US

847●●●700
sb●●●●@bbgcps.com

View this contact

null

Brown, Steven

5750 Ol●●●●●●●rd Road

Sk●●ie , IL, 60077

US

847●●●700
sb●●●●@bbgcps.com

View this contact

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Unlock the Hidden Value in Life Insurance Policies
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Unlock the Hidden Value in Life Insurance Policies

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Tax Considerations | BBG/CPS

https://www.bbgcpssettlements.com/tax-considerations

The following is for informational purposes only:. Taxation of Life Settlement proceeds may vary state by state and the IRS typically treats each case differently. We recommend you consult your tax adviser and financial planner prior to selling any life insurance policy. Below are a few basic concepts that must be understood prior to understanding the tax consequences of a settlement:. Cash Surrender Value (CSV). Developed by Code Samurai, Inc.

2

Attorneys | BBG/CPS

https://www.bbgcpssettlements.com/attorneys

Life Settlements An Important Tool in Estate Planning. Since Life Settlements offer clients a new estate planning tool, attorneys should include them as an option to meet their clients’ ever changing goals and needs. Because a Life Settlement removes the life insurance benefit from the original beneficiary’s estate, it is important to evaluate the estate and probate considerations arising from the sale. This is why we stress the evaluation of a Life Settlement by a qualified tax consultant.

3

Consumers | BBG/CPS

https://www.bbgcpssettlements.com/consumers

Life Settlements: FAQs for Consumers. What are life settlements? Who are the best candidates for life settlements? Clients typically state one or more of the following reasons for pursuing a life settlement:. Policy premiums are too costly to continue paying. The insured needs funds to pay for medical expenses. The insured no longer has the same need for the policy. The proceeds from a life settlement would enable the insured to improve their quality of life. The beneficiary of the policy has passed away.

4

Qualifications | BBG/CPS

https://www.bbgcpssettlements.com/qualifications

The minimum requirements to engage in a Life Settlement are as follows:. Policy owner may be the insured, a corporation, charity, trust or related party (i.e. family member). Minimum face value must be at least $100,000. The carrier must be at least B rated. The policy must be at least two years old and out of the contestability period. Usually, annual premiums should generally be less than 4.5% of the face value of the policy depending upon the insured’s life expectancy. Should be a U.S. resident.

5

Accountants | BBG/CPS

https://www.bbgcpssettlements.com/accountants

Help Set Life Settlement Strategies. Accountants should make sure they are well versed with Life Settlements as the growing secondary market for life insurance is allowing for new opportunities for seniors with a high net worth as well as corporations and charitable organizations. Developed by Code Samurai, Inc.

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Unlock the Hidden Value In Life Insurance Policies. As people age, many find that they no longer need their sizable life insurance policies. At BB&G, we provide the resources financial professionals need to market and sell these policies and secure the best possible return for clients. About the Life Settlements Market Would. About The Life Settlements Market. A Broad View of the Marketplace. The BB&G Advantage. Committed to Clients; Committed to Compliance. Developed by Code Samurai, Inc.

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