START LIVING
Once your policy is sold for cash, you are free from any further obligations related to that insurance contract. You simply receive the check and gain the flexibility to use the funds however you see fit. Here are some ways you might choose to enjoy your newfound financial freedom:
- Reduce or Eliminate Debt: Free yourself from financial burdens and gain peace of mind.
- Pay Off Your Mortgage: Achieve the dream of owning your home outright.
- Gift to Loved Ones: Share your wealth and create lasting memories with your family.
- Donate to Charity: Support causes close to your heart and make a difference in the world.
- Travel and Enjoy Life: Explore new horizons and embrace the lifestyle you've always desired.
- Reinvest: Put your capital into tax-advantaged investments to generate additional retirement income.
The opportunities are endless, and the choice is entirely yours. With Arthur Blake Wealth's Executive Life Settlement Program, you have the freedom to shape your financial future in a way that aligns with your dreams and values.
ELIGIBLE FOR EXECUTIVE LIFE SETTLEMENTS?
You may be eligible if you're between the ages of 65 to 85 years old and you are currently paying premiums for life insurance policies that you have held for years. This includes Term Insurance, Cash Value Insurance, Traditional Whole Life, Universal Life, Indexed Universal Life, and Variable Life Policies.
If you hold life insurance as part of a business agreement, such as a partnership, or if you are a retired or retiring executive with a corporate-held life insurance policy in your name, you may be eligible for an executive life settlement. Perhaps you've been paying premiums on term life insurance for 10, 20, 30 years or more throughout your career. You might now be facing a significant premium increase and are considering letting the policy lapse.
Additionally, many individuals who conducted estate planning decades ago, when estate tax thresholds were historically low, might find themselves in a new situation. Back then, estates valued above $2 million faced excess taxes. If you anticipated your estate growing into the millions, you might now consider selling your term life or cash value insurance, especially if recent tax law changes have reduced your tax burden.
Exploring an executive life settlement with Arthur Blake Wealth can open up opportunities to optimize your financial strategy and make the most of your assets.
- You are retiring and have a buy-sell agreement with a partnership.
- You're the key person in a business arrangement, and that business arrangement is coming to an end.
- Your company or your partnership is being sold or dissolved.
- You have an insurance plan as part of a collateral assignment and that collateral assignment obligation is coming to an end.
- You are paying premiums that have increased or will increase dramatically, and you wish to not continue with your policy.
- Your policy has a death benefit of $50,000 up to $50 million.
- Your premiums are becoming burdensome and you need access to capital.
- You’re no longer the key employee or officer in a corporation.
- You have insurance owned by a trust that is being dissolved.
- You no longer have a need for your marital union/family trust policies.
FREQUENTLY ASKED QUESTIONS
WE URGE YOU -
DO NOT DROP YOUR POLICY UNTIL YOU CONTACT US
Your life insurance policy could be a valuable asset for you and your family. Tens or even hundreds of thousands of your premium dollars will be nothing but pure profit for the insurance company if you cancel. These valuable policies are most often eligible for a life settlement program that could benefit you, your family, or your business.
Unsophisticated and non-fiduciary agents may tell you that your policy no longer has value and that you should either cancel it for the cash or replace it with a smaller policy, allowing them to reap the benefit of a new sales commission at your expensive loss. While canceling a policy may liquidate some cash value for you, it could leave thousands, tens of thousands, or even hundreds of thousands of dollars on the table.