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The Pitfalls of Life Settlements

by Peter Katt

As the economy and financial markets have seen considerable turmoil, so has the life settlement market with less funding now available for the purchase of policies. Nonetheless, the settlement market still bounces along with great enthusiasm.

Recent experiences I have had suggest this is a good time to update AAII members on what to look out for when dealing with life settlements or pitc

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Peter Katt CFP, LIC, is sole proprietor of Katt & Co., a fee-only life insurance advising firm located in Kalamazoo, Michigan (269/372-3497); www.peterkatt.com.


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