 | 
|
EPIC Advisors offers a unique service to trust departments and officers, banks, charities, non-profits, and other fiduciaries for reviewing proposed viatical settlements.
A viatical settlement involves the sale of a policy to a third party for more than the cash value but less than the death benefit. The new owner is then responsible for making any further premium payments, and obtains the right to change the beneficiary.
There are many reasons to consider a viatical settlement: for liquidity; to take advantage of new estate tax laws; or a change in business environment. And settlements have been on the rise over the last decade. But how do you know if a proposed settlement is beneficial to your organization or client, or presents an equitable offer for the policy?
EPIC Advisors will review your existing policy and proposed settlement for a flat fee and provide you with the information you need to make an informed decision and avoid legal or financial liability.
Advantages of an evaluation include:
- Helping a client receive an appropriate offer for a policy in return for payment
- Freeing up resources for other corporate, charitable, or personal needs
- Determining the cost efficiency or keeping or transferring a policy
- Protecting you from legal or financial claims
Here are some of the policies we will evaluate:
- Corporate-Owned Life Insurance (COLI)
- Policies held in trust
- Policies held for estate planning purposes
- Policies owned by charities, philanthropies, and non-profits
Contact us for a free, no-obligation consultation.
|
|
 |
|
