Recent Posts Tagged With 'cash surrender value'

• A Charitable Alternative to Cashing in Your Life Insurance

  Posted on Wednesday May 13th, 2009 at 20:14 in charity, Life Insurance, income tax, estate tax, gifting, charitable deduction, beneficiary designation, cash surrender value

  In our prior post, we addressed the possibility of a life settlement as an alternative to taking the cash surrender value of an unneeded life insurance policy.  Another alternative is gifting the policy to a charity and taking an income tax charitab...

• The Life Settlement Alternative

  Posted on Wednesday May 13th, 2009 at 19:31 in Life Insurance, life settlement, cash surrender value

  If a life insurance policy is no longer needed, then most people elect to take the cash surrender value. An alternative is to sell the policy to an institution through a life settlement.  Life settlement companies will be interested in the type of ...