2ND To Die Good Bye

If you have or sold a 2nd to die Life Plan it's time to evaluate if it is still needed.. If you are an Estate Planning Attorney you should be reviewing with your client's if they still need their 2nd to die survivor-ship life plan as well.

In the 80's the Life Insurance industry created the 2nd to die Life Insurance Plan...The purpose on this policy was to pay Federal Estate Taxes when due upon the 2nd death of a married couple..

At that time Estates Taxes were due on estates (with proper planning) of over $2,000,000. But Congress kept changing the $2,000,000 to $10,000,000 now under Trump no Estate Taxes are due on Estates under (about ) $20,000,000 again with proper planning.

So what is happening with these now unwanted not needed Life Plans...People are surrendering them to the tune of 500,000 policies a year...

An alternative to cashing in the policy is a Life Settlement where the insured should receive an estimated 5 times more then just cashing in their Life Plan if they qualify for a settlement..

So if you have a 2nd to die plan or a parent or a client has one talk to us we will provide a no obligation evaluation of the policy...

Appel Financial Inc. specializes in LIFE SETTLEMENTS ...Let us Help you..

As Always All My Best...

Saul L. Appel CLU ChFC