How life insurance settlements could bring liquidity, tax savings
Yahoo Finance·2025-12-04 06:19
With changes to many tax laws looming at the end of the year, a life insurance settlement could provide an opportunity for clients to not only donate to a charity but also reap tax savings under current rules. But selling a policy on the secondary market before redirecting the proceeds to a charitable donation is just one way to use a settlement, according to Doug Himmel, a managing partner with Melville Capital, an advisory practice that represents policy sellers in deals with institutional investors and ...