Life Settlements

If you're a financial advisor with senior clients, it's important to be aware of the life settlement option. Life settlements can be a great way for seniors to generate immediate cash and eliminate an annual expense.

The pricing of life insurance products is tied to the forecast of an insured’s life expectancy—what insurance experts call “longevity risk"—and relies on an estimate of the insured’s probable lifespan that is generated by the insurance comp...

Financial advisors have a fiduciary obligation to act in their clients' best interests when selling a life insurance policy. This blog post discusses the five primary benefits of working with a licensed life settlement broker to maximize the sale pri...

The past few years have witnessed a rapid swing towards sustained high inflation, catching many retirees off guard when it comes to their monthly income requirements. Adding to this challenge, income from investments has stalled, with stocks experiencing a prolonged bear market and bonds suffering their worst year on record in 2022.

Most of us purchase life insurance because we want to ensure that our loved ones have some measure of financial protection in the event of our sudden passing. We want to provide them with an umbrella over their heads so they can have sufficient money...

The rising cost of long-term care is a growing concern for seniors and their families. A recent New York Times special report, "Facing Financial Ruin as Costs Soar for Elder Care," highlighted the challenges families face in accessing and paying for long-term care services.

As 2023 winds to a close, the economic data shows that seniors have faced challenging circumstances over the past 12 months. The prolonged inflationary environment has been tough for those living on fixed incomes, as the prices of everyday items have risen significantly from just a couple of years ago.

Financial advisors often make the mistake of taking their clients' life insurance policies directly to life settlement providers, which can result in lower offers for the policyholders. This blog post discusses the five primary risks of taking a clie...

We all understand the importance of creating a personal financial plan and then living within that structure to obtain a secure and stress-free retirement. But “understanding” and “implementing” are two very different things.

One of the premier investment management and research firms serving the insurance industry has just released a new report on the state of the U.S. life settlement market and their data forecasts a bright future for the asset class in the decade to co...

As people enter their retirement years, they tend to think that the albatross of “financial planning” can finally be removed. They have worked hard their entire lives, saved a little money along the way, sought out the professional guidance of a financial advisor, and hoped they could stash away enough money to enjoy their golden...

Don't make the mistake of surrendering your life insurance policy to the insurance company. Life settlements can provide you with a much higher payout. Contact Welcome Funds today to learn more about your options.

Seniors are living longer and healthier lives than ever before. But with greater longevity comes the challenge of maintaining a secure financial future. Learn how to create a cash bridge to fund retirement lifestyle needs and explore the potential va...

Discover FINRA's insightful guide on life settlements for seniors. Learn why understanding life settlements, fair pricing, and the role of licensed brokers are crucial. Explore how Welcome Funds can help maximize your policy's value.

The U.S. life settlement market — in which seniors are able to sell life insurance policies they no longer need or can afford to institutional investors for a cash payment — returned to steady growth again in 2022, according to a highly anticipat...

The U.S. economy may be healthy by most standard measures, but there are still significant challenges for retirees.  Volatile investment markets and rising prices for everything from energy to groceries has understandably strained a lot of retirement budgets. Inflation is particularly tough on seniors.  It not only triggers higher ...

Unlock Financial Potential with Welcome Funds: Your Trusted Life Settlement Partner. Discover expert assistance for seniors seeking to maximize their financial security. Call 877.227.4484 or explore our website today.

Discover the smart habits that lead to a happy and healthy retirement in "Smart Habits for a Happy and Healthy Retirement" by John Welcom, Founder and CEO of Welcome Funds. Learn how investing in physical, mental, and social well-being can maximize the golden years and ensure a fulfilling retirement. Explore practical tips on nutriti...

There are numerous suggested ratios for how much of a retirement budget should be spent on various categories, but how does this spending breakdown in practice? A deeper dive into the BLS survey findings, published by MarketWatch, offers some important lessons:

Nearly 7 in 10 retirees will need some type of long-term care, according to the U.S. Department of Health and Human Services. All seniors should account for this possible expense into their retirement budgets. Unfortunately, many of them do not and are unprepared.

Do you have a life insurance buyout offer from a carrier? STOP! First, determine the true market value of your policy. You could be throwing away money. We take all life insurance policies to market. Get a FREE, no-obligation life insurance policy appraisal by Welcome Funds.

It is important for any senior who owns a life insurance policy that he or she no longer needs or can afford to work with a licensed life settlement broker, like Welcome Funds, who understands and maximizes the market value of policies.

Life settlements provide life insurance policy owners a safe, regulated avenue for selling their policies at prices that represent fair market value when utilizing the services of a life settlement broker. The life settlement broker, like Welcome Funds, utilizes an auction platform to maximize the sale of a life insurance policy. 

Unexpected legal expenses can derail even the most diligently executed retirement plans. Learn about an option that can help you get back on track and put your money back in your pocket.

Discover a New Chapter: Exploring Life After the Empty Nest. Gain insights into navigating financial opportunities and personal growth in this exciting phase of life. Read more at Welcome Funds.

The historically low interest rate environment for the past several years has negatively impacted retirees who have built financial plans on expectations of interest income from bonds and other fixed-income assets.

The peak earning years for seniors are gone and the only supplement to accrued savings, other than the hopeful growth of investment accounts, is often social security checks or employer pension payments. The risk of unexpected — and unwelcome — financial surprises can derail any plan that has a minimal margin for error.

It is a topic that few of us want to discuss, but it is a reality of life for anyone who is married or plans to get married, — especially for seniors living in retirement.  We may have to cope with the difficulty of becoming a widow/widower.

Life settlements are highly regulated transactions where policy owners sell their life insurance policies to a third-party investor for less than the death benefit but more than the cash surrender value.  The proceeds from a life settlement can be used in any manner whatsoever, to offset medical bills, provide gifts to family member...

Life insurance, without question, serves as a financial umbrella to protect families. The coverage provides peace of mind and a safety net during a season of life when children are dependent on the support. But what happens when that season ends, the kids are grown and self-sufficient, and mom or dad determines that such protection i...

Turbulence in the financial indexes this year has been unsettling to many people, but it has been an especially tough year for retirees. In addition to the declines in the equity markets, the threat of rising interest rates and accelerating inflation has provoked a sharp sell-off in the bond market as well.

Retirees have unwillingly been on a financial rollercoaster of fast-changing economic conditions over the past few years.   A robust economy was interrupted by a global pandemic, which triggered a short-lived global recession in the face of unprecedented shutdowns.  Then, there was an astonishing recovery and a booming stock marke...

Many advisors are being tested in 2022 when counseling their retiree clients regarding spending levels.  On the income side, seniors have seen their investment portfolios suffer with a bear market in stocks and the worst decline in bond prices in decades.  On the expense side, a dramatic spike in inflation has driven up the cost of...

The COVID-19 pandemic not only created a worldwide public health emergency, but it also had an enormous impact on every sector of the global economy. The life insurance industry has been no exception.

Many seniors mistakenly assume that their only available cash-producing assets are the ones that they can touch and see.  But a more thorough analysis may uncover hidden assets that have potential value.  It is possible that the most valuable asset owned by a senior is a simple life insurance policy purchased many years ago — and...

The financial services industry and the country overall, even with variants of the virus becoming more prevalent, are more optimistic than ever that a return to “normalcy” is obtainable in the short-term. To that end, the Welcome Funds team has identified five developments for financial advisors to monitor as we continue through ...

Most seniors who own a life insurance policy did so years ago to provide financial security for their families. However, as children grow older, their need for such protection and the desire to continue paying premiums changes. The life insurance po...

The only way for seniors to properly deal with medical debt without simply transferring it to their high-interest credit card — or ignoring it entirely — is to produce income flow from previously untapped sources.   One of those assets, such as a life insurance policy, could turn out to be a previously unknown source of money.

Many seniors are aware that they can take out a reverse mortgage on their house to generate a line of credit but few are aware that an unneeded or undesired life insurance policy can be turned into cash through a life settlement transaction. Because life insurance policies are not affected by market volatility, they may be the suppl...

Life insurance is one of the oldest financial products in the Western Hemisphere. Since the first life insurance policies were offered in the early-1700s, there is one overriding factor that determines cost to the consumer: the projected life expectancy of the insured.

Financial advisors to high net worth clients are becoming more familiar with the life settlement option — helping sell a life insurance policy to an investor for a cash payment as an alternative to maintaining, lapsing, or surrendering a life insur...

A financial advisor working with a retired client will routinely review his assets and liabilities to help him achieve his personal goals.  Such goals include generating cash flow for retirement funding, supporting charitable giving interests, or le...

Life insurance consumers are frustrated with the industry due to a lack of transparency and high fees. Learn about your options if you no longer need or can afford your life insurance policy.

In previous generations, it was common for a hard working citizen to secure a job at a stable company, be employed by the same organization for decades, and then retire one day with the proverbial gold watch and a nice pension to supplement monthly Social Security checks.

A traditional way to leave a legacy is to establish an estate plan. It ensures that any remaining money upon passing away is left to predetermined, designated people (or causes), who in turn can enrich their own lives and potentially, the lives of others. However, many financial advisors help their clients experience the joy of g...

The U.S. life settlement market — in which seniors are able to sell existing life insurance policies that they no longer need or can afford to institutional investors as an alternative to lapsing or surrendering the policy back to the insurer — e...

Life insurance agents, financial advisors, estate planners, and other fiduciaries fulfill a unique role as trusted professionals to individuals who seek financial protection for their families and/or their estates.  This role, in part, provides a pr...

Consumers who have purchased a “permanent” life insurance policy — such as whole life or universal life — are familiar with a distinctive number on their regular account statements from their insurance carrier. Unfortunately, many people are ...

Redefining Retirement Funding: A Comprehensive Review of Strategies. Welcome Funds presents a detailed analysis of retirement funding options, helping you make informed decisions for a secure future.

Many people subscribe to the adage of “buy term, invest the difference” when deciding what type of life insurance to buy for their family’s financial protection. It may be a smart strategy for some consumers, but only if they are informed abou...

CIients who own life insurance policies that are obsolete — or simply own a policy they no longer need or can afford, for whatever reason — need to work with an experienced life settlement broker who can help evaluate those policies in the afterm...

Most investors in the stock market understand the danger of “market timing” — trying to choose the right day to buy a stock when the price is low and sell it when the price is high.

Consumers who sell their life insurance policies in the life settlement market receive as much as seven times more money than they would have received by surrendering their policies back to the insurance companies.  Seven times!  However, an estima...

Most professional advisors who explore the potential sale of an unwanted life insurance policy on behalf of their clients will rely on the assistance of a licensed life settlement broker. Life settlement brokers represent the policy owner in the tran...

Professional advisors with clients who no longer need or wish to maintain a life insurance policy have options when exploring the secondary market.  Many advisors prudently rely on a licensed life settlement broker to assist them in the sale of the policy and with all aspects of the transaction.  However, there is still a large num...

When a professional advisor identifies a life insurance policy that a client no longer needs or wishes to maintain, he should ask, as standard protocol, whether that policy may have value in the secondary market. If so, the client may be able to sell...

When you decide to sell a valuable personal asset, you usually want to obtain the highest purchase price for that property. It is sound business sense. However, how do you truly know when you have reached the point of accepting and securing the most desirable offer?

All eyes in the life insurance agency and the financial advisory world have been on New York, where in the summer of 2019, the New York State Supreme Court paved the way for implementation of Insurance Regulation 187.  This rule imposes a new standard for agents and brokers when issuing a recommendation to a client regarding an annu...

Traditionally, estate planning advisors counsel their high net worth clients to obtain life insurance policies with large death benefits. The strategy is simple: create a vehicle for heirs to receive tax-free income at the time of an insured’s passing so sufficient funds are available to pay large estate tax bills when assets are i...