ttolk
December 17th 03, 02:55 PM
There is a practice available to everyone that the vast majority of
people are unaware of called Life Settlements or Viaticals. A person
can sell their Life Insurance policy and receive up to 85% of its
face value, tax-free. This lump sum cash settlement can then be used
as the policyholder sees fit. Granted this may not be for everyone,
but for many people this could be a real blessing. A person can
relieve themselves of the financial burdens that inevitably mount
when dealing with terminal illnesses while living out the remainder
of their life with dignity. These funds can also be distributed as
gifts ($10k/per yr) tax free, to the beneficiaries.
For more information contact
people are unaware of called Life Settlements or Viaticals. A person
can sell their Life Insurance policy and receive up to 85% of its
face value, tax-free. This lump sum cash settlement can then be used
as the policyholder sees fit. Granted this may not be for everyone,
but for many people this could be a real blessing. A person can
relieve themselves of the financial burdens that inevitably mount
when dealing with terminal illnesses while living out the remainder
of their life with dignity. These funds can also be distributed as
gifts ($10k/per yr) tax free, to the beneficiaries.
For more information contact