Practical Perspectives: Key financial issues for you and your family – Life settlement piques curiosity of well-read retiree

Description

Abstract: In this issue, “Practical Perspectives” takes a look at Donald, a retiree who was piqued by a newspaper article’s report of an arbitration panel requiring an insurance company to pay millions for its involvement with life settlements. Donald was curious because he had a $3 million permanent life insurance policy he might be willing to part with if he could get something for his years of investment. This article describes his financial advisor’s advice.