NACBA's 34th Annual Convention

In today’s environment of rising interest rates, ongoing premium burdens, and evolving tax considerations following recent legislative developments, life insurance policies are increasingly overlooked assets in bankruptcy matters. Too often, policies are surrendered or allowed to lapse without a full evaluation of their potential value in the life settlement market.
This program is designed to provide an overview of the life settlement market, specifically for consumer bankruptcy attorneys, and focuses on how life settlements can serve as a strategic tool in maximizing value for consumer bankruptcy debtors. Attendees will gain a practical understanding of when and how to evaluate life insurance policies within the bankruptcy process, including key legal and fiduciary considerations, valuation dynamics, and relevant tax implications.
The session will also highlight the importance of regular policy reviews as a best practice, helping attorneys identify overlooked assets, mitigate risk, and improve outcomes in bankruptcy proceedings while better serving their clients.