Ken is a CPA who has been approached by his client, a senior high net worth client who has experienced a change in his life insurance needs and sought advice as to his options. The accountant advised the client to lapse the policy or to cash it in, but never advised him that he had the opportunity to sell the policy through a Life Settlement.
A Concentrix Wealth Advisor would advise professional advisors, trust officers, CPAs or attorneys who have senior-age clients who own life insurance assets to adequately perform their fiduciary responsibility by incorporating Life Settlements into their review process, by providing proper disclosure of available options and, if necessary, helping them to obtain the best price available through the secondary market.
Have a similar concern? Let's talk.
