Life & Viatical Settlement News

  • Nonprofits Struggle to Boost Coffers While Overlooking the Fundraising Potential of Life Settlements It’s a known fact that nonprofit organizations were among those hit hardest during the recent economic downturn.  Some charities may never fully recover from the six or more years that were lost opportunities for investing new donor funds and building cash for operating expenses. So it’s not surprising to learn that the number one challenge facing nonprofit leaders in 2015 is difficulty
  • Financial Help for Life-Threatening Illnesses A video about how life and viatical settlements can empower cancer patients and others with life-threatening illnesses to convert their life insurance into funds to fight illness. Meet Emily. She recently was told by her doctor that she has a life-threatening illness and she’ll need more care and assistance than her health insurance will cover or her family can afford. Her husband James is worried because he knows they need to explore every option
  • Simplification of the closing process puts a settlement check into the hands of the policy seller much sooner NEW YORK, May 19th, 2015 – Abacus Life Settlements, a leading life settlement provider in the secondary market for life insurance, today announced that it has introduced new efficiencies into the contract closing process that will significantly reduce the time it takes to execute a life settlement transaction.  The business benefit of facilitating more rapid execution of
  • Here is A Case Example Showing How ATRA and RDB Life Settlements Are a Marriage Made in Heaven Two years following the enactment of the 2012 American Taxpayer Relief Act (ATRA), many families that had purchased life insurance to finance estate taxes are now making premium payments for multimillion-dollar insurance coverage they no longer need. ATRA set the basic exclusion amount at $5 million per individual (adjusted upwards each year for inflation), resulting in an adjusted
  • Abacus Life Settlements Announces Over $250 Million in Available Funds to Purchase Policies New York, NY – January 20th, 2015 – Abacus Life Settlements, a leading life settlement provider in the secondary market for life insurance, announces over $250 million to purchase policies for 2015. “This announcement indicating our purchasing capabilities is the result of a multitude of factors affecting Abacus Settlements and our industry as a whole,” explained Samantha Butcher, Abacus’s Chief Operating Officer.
  • In the wake of the 2012 tax law that raised the estate tax exemption, many senior consumers are left with policies they had purchased for estate tax liquidity when the exemption threshold was much lower LINK TO ARTICLE NEW YORK, Dec. 2,  2014, /PRNewswire/ — Abacus Life Settlements, a leading provider in the secondary market for life insurance, today called for establishing greater consumer awareness of the options available to seniors who no longer need life insurance
  • The retained death benefit life settlement is considered one of the most innovative developments to occur in an industry currently poised for expansion New York, NY – Oct. 28, 2014 – Abacus Life Settlements, a leading life settlement provider in the secondary market for life insurance, today announced that it is offering retained death benefit life settlement transactions. The company’s decision came in response to the growing demand in the life settlement marketplace where seniors
  • Abacus Settlements, LLC Purchases Life Insurance Portfolio with a Face Value of $50 Million from Federal Receiver NEW YORK, July 26 /PRNewswire/ — Abacus Settlements, LLC, a life settlement provider located in New York City, today announced that it had concluded a transaction to purchase a portfolio of life insurance policies with a face value of $50 million from the federal receiver for an insolvent life settlement finance company.  The transaction follows the approval on July 1, 2005 by the