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Estate Planners & Life Settlements
If you are an estate planner that is working with clients that may benefit from a life settlement, Ideal Settlements can help. Ideal Settlements is an experienced brokerage firm that works with over 50 Institutional Investors within the life settlement industry. Over the last several years, life settlements have become increasingly popular due to a decline in the economy and inability for seniors to pay their premiums for their life insurance policies. If you are an estate planner that works with corporations, charitable organizations and individuals you may be working with clients that have unwanted or unaffordable life insurance policies. A senior life settlement is a much better option than selling the existing policy back to the insurance company. If you are currently evaluating life settlements as a financial tool for your clients, begin by contacting Ideal Settlements today.
Estate planning helps provide security for our loved ones in the event the inevitable happens. An estate planner is a financial professional who helps plan estates, typically for wealthy individuals, corporations or charitable organizations. Estate Planners usually have an advanced background in finance, accounting or law.
Estate planning typically includes tax planning and creating wills and trusts for clients. Estate planners can assist in setting up different types of programs for their clients based upon their clients’ needs. Some of the different areas include but not limited to:
Trusts - Trust Administration
- Trust Reformations
- Revocable Living Trusts
- Irrevocable Life Insurance Trusts
- Private Annuities
- Charitable Trusts
- Qualified Personal Residence Trusts
- Intentionally Defective Grantor Trusts
- Grantor Retained Annuity Trusts
- Irrevocable Asset Protection Trusts
Estate Planning
- Retirement Benefits Planning
- Gift Planning
- Charitable Gift Planning
- Asset Protection Planning
Tax
- Federal Estate Tax
- Gift Tax,
- Transfer Tax
- Income Tax Planning
Wills
- Living Wills
- Testamentary Trust Will
- Simple Will
- Pour-Over Will
- Statutory Will
- Joint Will
At Ideal we understand the importance of sound financial and estate planning. We also understand that some seniors may be in a financial bind and their only way out is selling an existing life insurance policy. As the popularity of life settlements increase more estate planners are looking at life insurance settlements as a viable solution to financial hardships. There are many benefits of selling a life insurance policy if a client is unable to continue paying the premiums or outlives the beneficiary and no longer needs the policy.
Some of the reasons why our clients elect to secure a life settlement include:
- The size of the estate changes
- Client needs the money to pay off debt
- The policyholder has outlived beneficiary
- Increasing medical expenses or for long-term care
- Bankruptcy
- A gift to a family member
- Charitable donation
- Using the money to invest elsewhere
Ideal Settlements has extensive experience in helping our clients maximize the value of their life insurance policy. We work with over 50 Institutional Investors that have an interest in purchasing unwanted or unaffordable life insurance policies from our clients. Ideal works with estate planning professionals throughout the United States all who see the value in our services. If you are an estate planner and interested in working with a highly respected company who puts their clients’ financial needs ahead of their own, begin by applying with Ideal today.
Senior Life Settlement Qualifications
- Policy should be $100,000 or over
- Health status change since the policy was issued
- Should be 65 years of age or over with a 12 year or less life expectancy
If you have a client that is considering a viatical settlement the requirements are different. If you would like to find out the requirements for a client searching for a viatical settlement, contact Ideal today.
Become a partner:
- Ideal Settlements will pay the costs associated with ordering life expectancy reports and medical records for each client
- We provide the administrative processes of gathering, processing, packaging and sending out packages to each of our lenders
- Ideal works directly with each financial institution negotiating the highest offers possible for each client
If you are an estate planner and searching for a client centric company that you can trust, begin contacting Ideal today. Ideal Settlements will work directly with you and your client throughout the funding process. Our main objective is to educate each consumer, provide a great customer experience while providing the maximum payout for their life insurance policy through a life settlement or viatical settlement.
If you are an estate planner and evaluating a life settlement for a client we want to help. For additional information on life settlements by state, click on the following links: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming and the District of Columbia D.C.
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