The Life Settlement industry is providing Estate Planners with an additional tool to serve their high-net-worth senior clients.
Estate planners develop strategies to ensure that assets are transferred in accordance with the wishes of their clients. When considering a life settlement transaction, it is most important to determine how the proceeds from a Life Settlement would help the client provide more effectively for the distribution of their estate. There are also other issues, such as:
Ensuring that a family business stays in the family
Ensuring that each beneficiary’s specific needs are met
The client’s wishes regarding charitable giving
The current necessity of a life insurance policy to the client
Due Diligence
Emerald encourages attorneys to perform due diligence as it relates to recommending the Life Settlement option to their client as an estate planning tool. Attorneys should also perform due diligence on the entities handling the Life Settlement transaction.
There are distinct advantages to bypassing Life Settlement brokers and working with an experienced direct funder, such as Emerald. By removing the middlemen and their fees, Emerald can provide a higher settlement amount to the client.
Contact Us
For more information regarding Emerald Funding, Life Settlements or a specific Life Settlement case, please email us or contact one of our Settlement Advisors at 800-381-6194.