The first consumer advocacy book on Viatical Settlements, the new industry that buys the death benefits of life insurance from people who are terminally ill. The book includes a discussion of Accelerated Death Benefits, which are paid by insurers and pay almost dollar-for-dollar and much faster than Viatical Settlements. Other sources of cash are included - reverse mortgages are one example - each with arrows that point to areas you should be wary of. The book is intended for professional advisors as well as family and loved ones, since few professionals know enough to give sound advice.
If Viatical Settlements are the right choice, step-by-step guides will help you find a trustworthy buyer, help you get the most money, show you how to reduce risk and how to reduce the tax bite. The Appendix is packed with sample application forms which you may copy, and a Viatical Providers Grid, to help you choose those companies most willing to work with your diagnosis and your type of insurance.
