Articles of Interest - Week of February 6, 2017
Articles of Interest
Week of February 6th, 2017
Discovering the Hidden Value of Life Insurance Policies: Application of Life Settlements in the Context of Bankruptcy
Bloomberg Law Reports, Robert Stark, Michael E. Eidelman, William W. Thorsness, and Ken Klein, December 9th, 2011
I felt this was an interesting article from the past that addresses the vibrant market for unwanted personal and corporate life insurance policies. We just completed a sale for one of our clients of an $8 Million face amount policy, for $5 Million cash.
Insurance Policies on Slaves: New York Life’s Complicated Past
The New York Times , Rachel L. Swarns, December 18th, 2016
New York Life Insurance Company had some difficult "press" recently when information was disclosed via "sunshine laws" concerning their history of insuring slaves in the 1840s.
The Financial Benefits of Buying What You Love
The New York Times , Carl Richards, December 21st, 2015
In this eye catching article by Carl Richards, he discusses the reverse of buyers' remorse. Interesting read.