Instead of focusing on their own retirement and family financial goals, Maria’s adult children were funding her caregiving needs. The life settlement created enough funds to pay for her care and eliminated the burdensome premium payments. Her children were happy they could fund care for their mother and focus on their long-term financial goals.
Financial ripple effect caused reductions in cash flow
Used the cash to fund their livelihood.
Surrendering policy and interested in receiving more money
Adult children unable to pay premiums to maintain the policy.
On the verge of outliving his planned coverage
A life settlement created value and alleviated future premium payments.
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