Life settlement is fairly straightforward. As the policy owner, you sell your life insurance policy to an individual or a life settlement company in exchange for cash. The new owner will keep the policy in force (by paying the premiums) and reap a return on the investment by receiving the ...
Cashing in on a dead Austrian empress 100 years after her death
Quinlan:I recently met with a financially successful woman who deposited several hundred thousand dollars into a single premium life insurance policy (creating over $1 million in death benefits at her death). She named her three grandkids as beneficiaries. Nice gift for her grandkids, right? How...