CPA Life Settlements

In just over five years, the life settlement marketplace has grown from an out-of-the-mainstream cottage industry into its own industry. Life settlements are now embraced by many wealth-management and estate-planning professionals. CPAs licensed to conduct life settlement transactions for high-net-worth seniors seeking an exit strategy from unwanted policies will find that the AICPA Code of Conduct will guide them in terms of due care, competence, and objectivity.

A life insurance settlement is the sale of a life insurance policy by a senior for an amount greater than the cash surrender value. The proceeds are often used to purchase other financial products. This option may appeal to people with changing insurance needs. Most insurance policies are purchased for a particular reason. For example, a policy on the life of the head of a household may have been purchased as an income replacement vehicle; a policy on a key person in a closely held business may have been purchased to ensure the company’s survival following such a person’s death; or a policy may have been purchased solely as an investment vehicle.

Find out how much you would recieve with a life settlement, call 1-888-973-8377 or fill out our FREE online quote form.