Resources

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 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 >>

life settlement cash

Can I Sell My Life Insurance Policy For Cash?

With the promise of the insurer passing over a pre-determined amount of cash to your beneficiaries upon your demise, you are expected to pay monthly or quarterly premiums to the insurer. But what happens when you are unable to pay or feel like you don’t want to continue with the policy? Can you sell the Read more >>

life settlement age

Considering a Viatical Settlement in Times of Need

We do our best to make sure our loved ones are cared for after we’re gone, and life insurance policies offer us one way to do that. But coming face to face with a terminal diagnosis can shift the tides and make a living benefit a better option than your loved ones collecting a death Read more >>

age healthy life settlement

Staying Healthy and Happy as You Age

There are many negative perceptions when it comes to getting older in America. The good news: the pessimistic perception of aging is changing. Most seniors feel younger than their actual age and a study that polled more than 10,000 seniors found that people grew happier as they aged. The aging process doesn’t have to be as Read more >>

retire united states

The Top 8 Cities for Retirement in the U.S.

Once you reach retirement age, it’s important that you are able to manage your finances properly. Stretching the dollars you’ve saved may mean you’ll want an inexpensive place to live out your retirement. If you’re looking for U.S. cities with a low cost-of-living, check out our list below. 8. Cleveland, OH Cleveland’s annual living expenditures Read more >>

cash life policy

Discover Hidden Cash in Your Term Life Policy

Term life insurance is one of the most affordable policies in which people can invest. As America’s most common form of life insurance, this type of policy insures that families are secure, should anything happen to the policy owner. The purpose of having term life insurance is to replace the income in your absence that Read more >>

tax retired

Tax Season Tips for Retirees

It’s the time of year again for filing taxes. While no one wants to pay taxes, this is especially true for retirees who may have limited income or are living on a set budget. No matter the situation, there are options for retirees to help reduce taxes owed and possibly come out with a refund. Read more >>





Life Settlement Calculator

How much can I get for my policy?
Use our quick and easy life settlement calculator to estimate your payout value.


GET MAGNA UPDATES
Loading...Loading...



Thank you for submitting your request!

Our dedicated team is reviewing your information and will contact you shortly to discuss life settlement options and next steps.

Thanks for calculating your policy value with us

Let’s discuss your life settlement options and next steps. Please enter your email. We will not sell or disclose your information.