May 2020 NAPFA Advisor Magazine - Full Issue-May 2020 NAPFA Advisor Magazine

May 2020 NAPFA Advisor Magazine - Full Issue

Pdf Summary

Spiller Capital offers a way for policyholders to access the asset value of their term life insurance policies by purchasing them at a discount. Policyholders receive an immediate cash payment, and Spiller Capital becomes the beneficiary of the policy. Selling the policy can be beneficial for those who no longer need coverage or need funds for other financial needs. Consulting with a financial advisor is important to determine if selling the policy is the right choice. Lighthouse Financial Management, LLC, co-founded by Maureen J. Poplaski, focuses on serving professionals, business owners, and individuals near or at retirement. They use dynamic financial planning software and research-based investment strategies to help clients achieve their goals.

Keywords

Spiller Capital

policyholders

asset value

life insurance policies

discount

cash payment

selling the policy

financial advisor

Lighthouse Financial Management, LLC

retirement