Webinar: Life Settlements: An Overview of the Mechanics, Tax Treatment and Industry

Overview

Designed For

This webinar is complimentary for ASCPA members. Login instructions will be sent 24 hours prior to the event.

Objectives

Participants will receive the following:

• How the life settlement market really works, including its regulatory history and how it's different from a viatical settlement or a simple surrender.

• What actually drives a policy's settlement value, and why offers from different providers can vary so widely

• How life settlement proceeds get taxed, including the split between ordinary income and capital gain, and why the basis calculation matters so much.

• A due diligence framework CPAs can use right away, covering what to request from clients, what to watch for with policy loans, and how to reconcile the 1099 reporting.

Notice

Thank you to the sponsor of this webinar, Bayntree Wealth Advisors!