Robin S. Weinberger and Peter N. Katz write about the mechanics of a life settlement transaction in LifeHealthPro. Their article begins as follows:
A life settlement is a very complex, highly-regulated transaction that involves lots of due diligence, loads of paperwork and, as a result, takes a long time. Some of the mystery can be taken out of the process by knowing who does what.
The parties to the transaction can be divided into three groups: seller’s side, buyer’s side and intermediaries.
Their article proceeds to elaborate on specifically what each group does.
Read full article at Who does what in a life settlement transaction? | LifeHealthPro.