Attorneys

The growing secondary market for life insurance policies is creating new challenges for the legal industry. This applies most obviously to attorneys involved in elder law issues as well as taxes and estate planning.

Life Settlements offer the client a new estate planning tool. Therefore, estate planning attorneys should include the Life Settlement as an option to meet their clients’ changing needs.

Life Settlement transactions also remove the life insurance benefit from the original beneficiary's estate, and counsel should evaluate the probate and estate considerations arising from the transaction.

Due Diligence

AFC 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 AFC. By removing the middlemen and their fees, AFC can provide a higher settlement amount to the client.

Contact Us

For more information regarding AFC, Life Settlements or a specific Life Settlement case, please email us or contact one of our Benefits Advisors at 800-542-9513.