We’ve heard about the importance of diversification, but what does that really mean? Traditionally, people’s portfolios were allocated in some percentage between equities and bonds. As people grew older, the percentage that was allocated towards bonds increased as a percentage. That worked for many people, but fortunately, what’s happened over the last few years, and…
InForce™ income payments available from an existing policyholder of Connecticut General Life Insurance Company for purchase at a discount really fit their particular needs. The income payments start at $3000/mo in 12 years and in the 17th year increase to $8000/mo for 20 payments totaling $340,000. At an interest rate of 4.90%, the purchase price…
Immediate annuities are a great choice when looking for a way to secure your financial future but they are not right for everyone. Here are 3 tips to help you decide if an immediate annuity is the right choice for you and your family: Age If you are very close to retiring or have already…
In-Force™ Fixed Term Annuity available from an existing policyholder of New York Life at a discount.. The payments start now at $847.00 each month, increasing each year by 3%, so that by the last payment in the 25th year the payments have reached $1828.70 per month for total payments of $394,126. At an interest rate of 5.25%,…
Choosing an annuity can be difficult. There is so much to know and learn about and it can all seem like it is over your head. Having a trusted advisor that can help you in determining what is best for you can be priceless. Whomever you choose as your advisor should be knowledgeable, communicative, and…
DECEMBER 11, 2013 BY JOHN BULBROOK You have worked hard through your lifetime building up assets. Now you need to take precautions to protect those assets. If you are considering purchasing a Pre-Owned Annuity™ you need to find one that meets your needs. Your financial situation could change over time, so it is important that…
As the year comes to a close, it is time for you to take a look at the financial choices you have made and see if they are still working for you in light of any life changes you have had. Did you know that annuities add value in addition to supplementing your retirement income? …
When you buy a secondary market annuity, you are buying the rights to contractually guaranteed payments to you, and the issuing insurance company retains full ownership of the annuity. In order for you to buy the rights to the payments, a judge has to approve this contractual change of annuity benefits. The issuing insurance company…
by Carolyn Ellis Ms. Ellis is Features Editor for LIFE&Health Advisor. Connect with her by e-mail: cellis@lifehealth.com John Bulbrook is CEO of Bulbrook/Drislane Brokerage, a Wellesley, MA., wholesaler of life and annuity products. We talked with John about secondary market annuities, new to the retail arena for the safe money portion of a client’s portfolio. …
Finding new investments can be hard. There are different choices but which is right for you and your family? Do you want to invest in real estate? Or the latest trend? Probably not because there is a high risk in either of those. Are you looking to provide for your family with additional income and…
Most people want to invest but they don’t want to lose a lot. They need security and a high rate of return. One purchase that can meet these objectives is a pre-owned annuity. Many people own the rights to annuities that guarantee monthly income, sometimes for terms of up to 50 years. Some of these…
The world of finance and investments is both crucial and complicated. What we do with our money is intensely personal but frankly it’s one of the areas of our life in which we most need assistance and help. What I have found over the 30+ years in this field is that the relationship people have…
At times I get asked for more details about what we do at our brokerage and how we help agents. Bulbrook/Drislane Brokerage has been around since 1984 and has placed over $12,000,000,000 of insurance with aggressive companies for successful agents. That is an amazing amount and we are proud of that accomplishment! We live and…
You may have heard about bonuses on Indexed Annuities and they sound too good to be true right? A lot of people think of them as “free money.” Today we will dive into the details on what these bonuses really are so you can understand their value. As I’m sure you have learned in life,…
A Single Premium Immediate Annuity, otherwise known as an Immediate Annuity is the original annuity product first introduced back in the Roman times. It must work if it has lasted all these years right? Some people think that with an immediate annuity you are just getting back your own money and that it doesn’t make…
Ever wonder if Annuities are the same thing as life insurance? I have heard this question at times and today I want to answer that for you. Annuities are issued from life insurance companies….so in essence they are life insurance products. However, annuities and life insurance are very different when it comes to taxes. Before…
Some people don’t like a lot of risk. They want an annuity that guarantees them money, same as if they purchased a CD. That type of annuity structure is called either a Multi Year Guarantee Annuity (MYGA) or a Fixed Rate Annuity. With this type of annuity there is a contractual guarantee within the policy…
When it comes to structured settlement cases, neither the beneficiary nor the defendant has a clear idea of the costs involved in the settlement. This is where a structured settlement broker comes in. This person can help both parties get a fair assessment of costs based on calculations and projections. A broker provides information which…
If you have ever won either a lawsuit or a lottery then you are most likely familiar with annuities. Annuities are used to settle these matters because instead of giving a substantial one-time amount, the awardee is provided with a series of payments depending on the amount of the payment sum. There are times though…
People often remember the negative things they see more than the positive. It is just a fact of life. There has been negative press coverage of the annuity market and people think that the coverage they see is the truth. But as we all know, there are 2 sides to every story and then the…
There is a lot of buzz around Secondary Market Annuities. They are growing in popularity and more people are seeing the value in owning one and having financial security both during their lifetime and for their family after they depart this life. Secondary Market Annuities are payment streams sold by the original annuitant in exchange…
Did you know you can earn 4-7% from investing in pre-owned annuities, structured settlements, and lottery winnings? Many people don’t realize that structured funding purchases are: 100% secured in your name Transferred to you by court ordered assignment Secured by State Lottery Commission or highly-rated insurance companies Terms of 2-50 years Here’s how it works.…
Secondary market payments are one of the best kept secrets you can offer your clients. If you aren’t familiar with them you may be wondering how they can be so great. Here’s a short course on some of the features that make them an attractive alternative for savings and retirement planning. For more than 30…
College is looming ahead for your teenager and you are panicking. No, it’s not about them going away and leaving home (well maybe just a little) but instead it is the fear of how you are going to pay for this new, huge expense that will soon be entering your family finances. InForce™ Secondary Annuities…
In today’s economy, many people are lacking confidence in Wall Street and turning to new places to put their money. The problem is, finding good options can often be a challenge. There are plenty of investments out there that have been “sure things” at one point or another. They include everything from real estate to…
The secondary market annuity category is a finite asset class with limited inventory available each year. More and more investors are learning about and participating in this sector, which is affecting yields and raising prices due to increasing demand. Most secondary market annuities can provide a high yield (usually 4% to 6%, or more) and…
You probably don’t lie awake at night worrying that you’ll live too long. But maybe you should. The biggest financial risk retirees face isn’t volatile investment returns — it’s longevity. Will your money last as long as you do? In a world of increasing life spans, disappearing pensions, and crashing markets, an immediate annuity is…
There are many annuity options to choose from when you are looking into expanding your financial portfolio. Many wealthy people, after maxing out tax deferred options such as their 401(k) and IRA, put their most tax inefficient investments into a low cost variable annuity. These low-cost annuities come with unexpected benefits. For instance, by not…
According to a panel of experts at a MarketWatch Retirement Adviser event in New York, you may be making some key mistakes when you are evaluating annuities that you don’t even realize. Mistake #1: Comparisons that don’t add up One mistake is to assess the value of a variable deferred annuity as though all of…
Secondary market annuities are a fairly new area on the financial landscape. However, a recent LIMRA study found that 61 percent of annuity consumers conduct their research online. What does this mean? That buyers all across the nation find out about secondary market annuities online so they know what to ask when they look for…
When dealing with secondary market annuities you want to use an intermediary to ensure that compliance is handled in the correct way. Secondary market annuities can/will unravel if applicable federal and state laws governing the underlying structured settlement factoring transactions have not been complied with. This intermediary can research to make sure that there were…
by Carolyn Ellis Ms. Ellis is Features Editor for LIFE&Health Advisor. Connect with her by e-mail: cellis@lifehealth.com John Bulbrook is CEO of Bulbrook/Drislane Brokerage, a Wellesley, MA., wholesaler of life and annuity products. We talked with John about secondary market annuities, new to the retail arena for the safe money portion of a client’s portfolio. …
When you buy a secondary market annuity, you are buying the rights to contractually guaranteed payments to you, and the issuing insurance company retains full ownership of the annuity. In order for you to buy the rights to the payments, a judge has to approve this contractual change of annuity benefits. The issuing insurance company…
As the year comes to a close, it is time for you to take a look at the financial choices you have made and see if they are still working for you in light of any life changes you have had. Did you know that annuities add value in addition to supplementing your retirement income? …
You have worked hard through your lifetime building up assets. Now you need to take precautions to protect those assets. If you are considering purchasing a Pre-Owned Annuity™ you need to find one that meets your needs. Your financial situation could change over time, so it is important that you review and understand contracts to…
Depending on your financial situation, health and goals, a Secondary Market Payment may be an appropriate addition to your financial plan. When you begin your investigation into this avenue there are some questions that you should be sure to ask your adviser. 1.) Is this purchase right for me? 2.) What are the benefits…
Previously Owned annuities have several positive attributes in common that make them currently in high demand: 1.) High Yields that are typically 4.0-7.0% 2.) Payment streams guaranteed by highly rated insurance companies 3.) Court order process protects buyer and seller 4.) Issuers regulated by State Insurance Commissions 5.) Fixed/reliable income streams 6.) Diversification for portfolios…
When you are considering purchasing an annuity, you want to be sure that you understand your rights as a senior citizen. An annuity is one type of insurance product. Being informed of your rights can help you to avoid being the victim of scams. It helps you to make educated decisions for yourself and your…
I have people contact me all the time looking for a financial product that can provide them safety and security along with a rate of return that is worth their investment. There are Annuity owners out there that are ready to sell the legal right to their structured, monthly payments so that they can benefit…
Structured Settlement Annuities come in all shapes and sizes. The key when purchasing one is finding the right one to fit your personal goals. The primary benefit of a Structured Settlement Annuity is the higher rate of return when compared to Single Premium Immediate Annuities and/or Fixed Deferred Annuities. Usually you can expect to receive…
I’ve been telling you a lot about Secondary Market Annuities so that you can have the knowledge you need to decide if this is an option that may work for you and your family. Today I want to touch on how the money is distributed and how these annuities are checked out when they are…
One of the least known financial instruments making the rounds in the asset protection circle is the Pre-Owned Annuity (otherwise known as In Force Investment). I know that sometimes people get nervous about annuities but I have to tell you that pre owned annuities are different than traditional ones. Let me explain a bit. Let’s…
If you have been researching investment options and are looking for something relatively safe but that will yield you a high rate of return, you should be considering previously owned annuities. Many people own the rights to annuities, some of which have terms of up to 50 years that guarantee monthly income. Some of these…
If you purchase an IN-FORCE™ Fixed Term Annuity you should expect to receive the following items at closing: Closing Book which will contain the following documents: Receivable Purchase Agreement Sale and Assignment Agreement Change of Beneficiary Designation Duplicate Annuity Policy or Benefits Letter or Issuer Acknowledgement Letter Certificate of Marital Status/Spousal Consent Divorce Decree or…
I’m sure that if you have heard of an IN-FORCE™ Fixed Term Annuity you have wondered about the length of term and the purchase amount. Today I am going to share with your some information that I know you will find helpful in answering your questions around this topic. The present value of an IN-FORCE™…
Now that you have an understanding of what an In-Force™ Fixed Term Annuity is (from my previous blog) you probably are curious as to how payments would be made to you if you choose to do this. In-Force™ Fixed Term Annuity payments may be paid directly to you by a U.S. based insurance company. If…
Do you ever wonder if you should have annuities? Maybe you have heard of them or know a little about them but really aren’t sure if they are important to your financial planning. Annuities are a savings tool that can help you create a nest egg for retirement, make substantial investments that will grow over…
Heard of Secondary Market Annuities? These are actually previously owned Annuities. They are totally legal and are a way to get high rates of return without gambling away your money. Simply put what this means is if somebody has an accident and receives a favorable judgment their payment is usually given to them in the…
Have you made the decision that an In-Force™ Fixed Term Annuity is the right move for you? Ready to get started but just aren’t sure how to do it? Today, you will learn what is involved in becoming a buyer, how to pay for your In-Force™ Fixed Term Annuity and how it all works with…
Are you interested in purchasing an In-Force™ Fixed Term Annuity but are not really sure what that entails? What we do at Bulbrook/Drislane is buy a Fixed Term Annuity from an Existing Annuitant and transfer the payment rights to you, the Buyer, through a court transfer process. Your name, IRA name, intermediate transferor or nominee,…
Ever wonder about the details behind an In-Force™ Fixed Term Annuity? Things like what exactly is it, where it comes from, and how safe it is? When you purchase an In-Force™ Fixed Term Annuity, you, the Buyer, receive the rights to fixed annuity payments in exchange for a lump sum payment to an individual who…
You’ve probably heard of annuities but maybe you’re wondering what it really is. The answer is any continuing payment with a fixed total annual amount. The contract is created when an individual pays a life insurance company a single premium that will end up being distributed back to them over time. There are 2 possible…
Most historians claim that the Romans introduced the world to annuities. Didn’t think they had been around that long did you! After doing a little research here are 6 dates that you may be interested in knowing more about. 1759: This is the year annuities were introduced to America. At that time they…
Annuities are the only product that guarantee income for life regardless of how long you live. There are 2 ways to get a lifetime income using annuities. You either need income immediately or at a later date. Income Now If you are looking for income now, you should be looking at a Single Premium Immediate…
BulbrookDrislane, offers the payment rights to these annuities, called IN-FORCE™ fixed term annuities, to buyers like you. Typically, the IN-FORCE™ fixed term annuity payments are made regardless of whether or not the existing Annuitant or the buyer is alive, meaning these payments are not contingent on any individuals life. The rate of return for each…
IN-FORCE™ fixed term annuity is our proprietary name for a transferred structured settlement in which you, the buyer, receive the rights to fixed annuity payments in exchange for a lump sum payment to an individual who is the original existing annuitant. By purchasing an individual right to receive payments , you receive high yield returns…