by liferocnetwork | Apr 27, 2022 | Uncategorized
3,241 people sold their life insurance policies in 2020 for a combined total of over $848 million. It’s a significant increase from the prior year despite the impact of COVID-19. (Source *Life Settlement Report, The Deal) Thousands of Americans benefit from selling...
by liferocnetwork | Apr 20, 2022 | LifeRoc Life Settlements
The Tax Cuts and Jobs Act of 2017 (TCJA) ruling resulted in more favorable tax treatment for life settlements. The TCJA Ruling 2009-13 established that the net proceeds from a life settlement are treated as ordinary income. The net proceeds of a life settlement is...
by liferocnetwork | Apr 11, 2022 | LifeRoc Life Settlements, Uncategorized
Understanding The True Value Of One Of Your Clients’Most Valuable Assets Traditionally, policy owners and advisors have used cash surrender value (CSV) as a benchmark of life insurance policy value. However, life insurance policy sale transactions (sometimes referred...
by liferocnetwork | Apr 6, 2022 | LifeRoc Life Settlements
More than 71.5 million baby boomers live in the U.S. and many face greater retirement challenges than retirees a decade before them.* The Stanford Center for Longevity reports that baby boomers hold less wealth, carry more debt and will face greater expenses in...
by liferocnetwork | Mar 29, 2022 | LifeRoc Life Settlements, Uncategorized
Did you know that as a licensed advisor it may be your fiduciary responsibility to offer life settlements as an option to your clients? A recent study showed that 90% of seniors who have let their life insurance policy lapse would have considered selling their life...
