{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"What Are Life Insurance Death Bonds?: Shootin\u2019 It Straight With Stan","description":"Ever wondered what really happens when companies offer to \u201cbuy your life insurance policy\u201d or your annuity payments? In this episode, Stan \u201cThe Annuity Man\u201d pulls back the curtain on life insurance death bonds, secondary market annuities, and the ethical gray areas you need to understand before you cash out. &amp;nbsp;&amp;nbsp; In this episode, The Annuity Man discussed:&amp;nbsp;   Life insurance death bonds explained   How companies buy life insurance policies and death benefits   1035 exchanges and moving life insurance cash value into annuities   Secondary market annuities, structured settlements, and legal pitfalls   Tax treatment differences and the PILL framework for evaluating annuities   &amp;nbsp; Key Takeaways:&amp;nbsp;   There\u2019s an active market where companies buy the rights to life insurance death benefits, paying policyholders a lump sum today and then waiting to collect the tax-free payout when they die.   A 1035 exchange allows you to move cash value from life insurance into an annuity without triggering taxes, but you must understand that tapping that cash value as a \u201cloan\u201d is not the same thing as tax-free income.   The secondary market for annuities and structured settlements has seen significant ethical and regulatory concerns, so anyone considering selling those income streams should proceed with caution.   Life insurance death benefits are tax-free and probate-free to beneficiaries, but annuity death benefits issued by the same life insurance companies do not receive the same tax treatment.   Before buying an annuity, you should clearly define what you want your money to do contractually and when you want those guarantees to start; only then can you determine if an annuity fits your needs under the PILL framework.   &amp;nbsp; &quot;Life insurance is the best return on investment you'll never see because you're dead.&quot; \u2014&amp;nbsp; Stan The Annuity Man &amp;nbsp; Connect with The Annuity Man:&amp;nbsp; Website: http:\/\/theannuityman.com\/&amp;nbsp; Email: Stan@TheAnnuityMan.com&amp;nbsp; Book: Owner\u2019s Manuals: https:\/\/www.stantheannuityman.com\/how-do-annuities-work YouTube: https:\/\/www.youtube.com\/channel\/UCCXKKxvVslbeGAlEc5sra2g&amp;nbsp; Get a Quote Today: https:\/\/www.stantheannuityman.com\/annuity-calculator! ","author_name":"\u201cFun With Annuities\u201d The Annuity Man Podcast","author_url":"https:\/\/www.TheAnnuityMan.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/41030580\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/41030580"}