Life insurance policies are supposed to provide peace of mind. However, for seniors who no longer need the coverage or can’t afford the premiums, that same policy can become a financial burden. That’s when selling the policy in a life

Life expectancy has been steadily climbing in the United States. According to data from the Federal Reserve Bank of St. Louis, the average life expectancy for most Americans was 71 in 1970 and 75 in 1990. Today, the average American

The “One Big Beautiful Bill” (OBBB), signed July 4, 2025, permanently extends tax cuts introduced during President Trump’s first term in office and adds a new $6,000 standard deduction for seniors ($12,000 for couples) through 2028. Another key component of

You may not realize that you can sell a term life insurance policy, but it’s true — under the right conditions. To sell your policy, it must have what’s known as a “convertible rider.” This rider lets you convert your

People have long seen life insurance as a way to protect what matters most. But for older policyholders and their families, today’s financial pressures — rising care costs, shifting estate needs and reduced income — are forcing many to rethink

The One Big Beautiful Bill (OBBB), signed into law on July 4, 2025, brings sweeping changes for retirees. At the center is a new $6,000 ($12,000 for couples) senior standard deduction increase available through 2028. The new tax law is

Joint survivorship life insurance was once a staple in estate planning. Many couples bought these second-to-die policies decades ago to cover federal estate taxes or leave a sizable inheritance behind. The idea made sense when tax thresholds were lower and

After decades in the workforce, retirement should be a time for seniors to relax and enjoy the fruit of their long-term labors. According to data from the AARP, 61% adults over 50 worry they will not have enough money for

If you want to sell life insurance for cash — also known as a life settlement — you’ve picked a good time. The life settlement market is predicted to see significant growth through 2025 and beyond, thanks to aging populations

Clients rely on fiduciaries to guide them through complex financial decisions, especially as they age and their financial priorities shift. Life settlements are gaining attention as a way for seniors to turn unwanted or unneeded life insurance policies into immediate