Financial Advisor Information
|
The secondary market in life insurance policies is good
for consumers.”
Why Offer Life Settlements? It is essential that financial services professionals understand the benefits that these transactions may provide their clients, whether they serve senior individuals, business owners, charitable organizations or trustees. Continue reading to learn about the unique applications of life settlements for attorneys, CPAs, and charitable organizations.
|
|
The amount that a buyer is willing to offer in a competitive marketplace determines the value of a life insurance policy on an insured senior. Life insurance has evolved as an asset that is now on par with bonds, real estate, equities, and additional holdings with the emergence of the secondary marketplace. This market has also allowed the life settlement transaction to become a useful planning tool that provides policy owners with a new "exit strategy" from unnecessary, unaffordable, or inadequate life insurance policies.  |
||
HOME FINANCIAL
ADVISORSADVISOR
RESOURCES ABOUT
VERISCONTACT
US |
 |
|
| Copyright 2008 Veris Settlement Partners / Website design by Zeus |  |
|
Veris Settlement Partners, Inc. is a multi-state viatical and life settlement
broker. Veris Settlement Partners, Inc., and/or its affiliate firms
Chesapeake Financial Settlements, LLC and Select Life Settlements Corporation,
and/or one of its four directors as individuals, is licensed as a life settlement
broker or viatical settlement broker in the following regulated states: AR,
CT, FL, GA, HI, IN, LA, MD, MS, NC, NJ, NY, PA, TX, UT, VA.
Depending on the medical condition of the insured, Veris Settlement Partners,
Inc. may or may not be able to broker a life insurance policy owned by a
resident of the following states: CA, DE, IL, MA, MN, NM, OR, VT, WA, WI.
Veris Settlement Partners, Inc., and/or one of its four directors as individuals,
may broker a life insurance policy owned by a resident of the following states
that are not regulated and do not require licensure: AL, AZ, DC, ID, MI,
MO, NH, RI, SC, SD, WY.
Some or all of the proceeds from a life settlement may be taxable under federal
or state income tax laws. Advice from a professional tax advisor is
recommended. Veris Settlement Partners, inc. is not a viatical or life
settlement provider.
This Compliance Notice is current as of August 15, 2008 and is subject to
change.