MAGNA LIFE BLOG

How are life settlements taxed?

Recent landmark cases have brought many Life Settlement tax issues to light as the IRS itself has had issue with defining how life settlements are handled. Below you will find a brief guide covering how Life Settlements are taxed. What is a life settlement? A life settlement is a life insurance policy that is no Read more >>

life settlements scholarship

Magna Life Settlements Scholarship

Magna Life Settlements Scholarship is seeking to sponsor the growth and development of a student currently enrolled, or is enrolling into a four year collegiate program. This year we will award one $1,000 scholarship to an outstanding student who is interested in pursuing a career in finance. The deadline for submission is June 1st 2019: Read more >>

Life Settlement Industry Report – 2018

The dynamic nature of the life settlement market guided the creation of a comprehensive 2018 Life Settlement Industry Report. To present the landscape of the life settlement market as a whole, this report relies on growth data over the past four years as well as the increasingly competitive nature of the industry. A thorough discussion of the three Read more >>

Reverse Mortgages vs. Life Settlements

According to the National Institute for Retirement Security, the deficit of retirement savings in the United States is between $6.8 and $14 trillion. As the cost of retirement precipitously rises, it’s more important than ever that seniors stay informed about sources of extra income like reverse mortgages and life settlements. The features and requirements of Read more >>

life settlements

Financial Cleaning

Millions of Americans, even those who are in their retirement years, have only a poor grasp of their finances. They do not know about the many financial instruments available to them on the open market. Many do not even have a dollar saved for retirement. It takes years to build up good financial habits. However, Read more >>





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