Whether you have life insurance in a life insurance trust, a family trust, a charitable remainder trust or any other type of trust vehicle, a Life Settlement could help accomplish trust goals and fund beneficiary needs.

• The insured has outlived his/her heirs.
• The goals of the trust have changed and the insurance is no longer necessary.
• Premium payments are no longer affordable or the trustee is not interested in paying premiums to keep the policy in force.
• The policy was purchased several years ago and is not performing as expected and the trustee needs to replace the insurance.
• The trust has a policy that might lapse sooner than expected and needs to be sold and replaced with new insurance.
• The estate size has decreased or tax laws have changed, reducing the amount of insurance required to pay projected estate taxes.

What will the Trust do with the cash? The Trust might use the cash as follows:

• Disburse cash to accomplish other goals of the trust.
• Invest cash to fund other goals of the trust.
• Purchase a new paid up life insurance policy.
• Pay for long-term care or assisted living for the trust beneficiary.
• Fulfill charitable giving plan.