Living longer than expected, Carlos was on the verge of outliving his planned coverage. Expensive premium payments were eating through the built-up cash value in his policy and he did not have the means to make another premium. His financial advisor recommended a life settlement to create value and alleviate future premium payments.
Business was sold, and the policy was no longer needed
Business owner was able to receive additional value above and beyond the sale of the company.
Policy was no longer needed for estate planning
Client was able to fund all lifestyle and caregiving needs.
COVID-19 created visitation restrictions for nursing homes
She was able to remain safely at home with proper care.
