Possible Development of the Life Insurance and Settlement Market in 2018 It was an eventful year for life insurance sellers and consumers alike. At the very end of 2017, Congress passed a new tax plan that President Trump then signed into force. Among other things, the tax plan made changes to two things that may well affect the secondary market … Read More
Changes to IRS Treatment of Life Settlement Transactions Included in Landmark Tax Bill Passed by Congress
“Two pieces of the new tax law, the Tax Cuts and Job Act of 2017 (TCJA), have a significant impact on life settlements: the increased estate tax exemption and the clarification of the income tax treatment for life settlements.” – LISA.org Read more here: http://www.lisa.org/consumer-advisors/blogs/blog/2018/02/21/how-the-new-tcja-tax-law-affects-life-settlements