With so much information available online, it can be difficult to determine whether the source behind a website is considered reputable.
We collected the following consumer resources such as government and nonprofit organization’s websites that may be helpful as you investigate whether a life settlement is right for you or your loved one. Instead of searching through hundreds of links and articles, take a look right here to get the information you need.
The Administration on Aging, an agency of the U.S. Department of Health and Human Services, explains the difference between life and viatical settlements as ways that life insurance policies are used to pay for long-term care.
Whether you’re caring for a parent, a spouse, a sibling, another family member or a close friend, there may come a time when you must consider long-term care. Long-term care may include an assisted living facility, a nursing home, at-home care or other types of paid long-term services.
The U. S. federal government encourages seniors to consider using their life insurance policies to help fund long-term care, which includes a life settlement or viatical settlement. LongTermCare.gov is a subsidiary of the Department of Health and Human Services that helps consumers know their options when they reach retirement age.
The National Care Planning Council and its affiliated members (including Trust Life Settlements) are dedicated to helping families recognize the need for long term care planning and to help implement a plan for your family’s future.
If you have any further questions regarding how life settlements can work for you or your family or you want to know if you qualify, contact the team at Trust Life Settlements today!