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Life Settlements Brokerage Company Steps Into the Texas Market
BROWNSVILLE, Texas, Oct. 30, 2013 /PRNewswire/ -- Today, Norma Lee Valle, life settlements broker, announces the launch of LifeSettlementsUSA.com, which specializes in life insurance settlements.
A life settlement can help provide the financial means for a number of services including:
Norma Lee Valle's team will guide their clients to receive optimal compensation from their life insurance policy through individual consultations that tailor life settlement solutions that match their financial needs.
The State of Texas is leading the way in allowing state residents to use life settlements to help pay for long-term care services through House Bill 2383. The bill was signed into law in May 2013 by Governor Perry, and it allows owners of life insurance policies with values in excess of $10,000 to sell their existing life insurance policies in order to help pay for home health care, assisted living, and nursing home services.
Valle says, "When the bill became law, it further reinforced my beliefs that the aging population had to have other options for long term care."
J.D. Salinas, former Regional Administrator for the U.S. General Service Administration and former Hidalgo County Judge, says he is happy to see growth in Texas, especially providing change to the Rio Grande Valley. "Positive things do happen in The Valley. It is great that Texas has adopted a law that will allow for people like Norma to be an advocate for our seniors and help them to be able to provide for their long term care needs."
Valle is a Texas licensed insurance agent as well as a licensed life settlement broker. Her extensive background in the insurance industry, as well as her 20+ years serving the community through working with countless nonprofits throughout South Texas, gives her unique insights to understanding the needs of an ever-aging population.
Valle is passionate about her desire to help seniors with their retirement and / or long term care planning. According to Valle, "Our goal is to ensure that senior citizens are able to live life to the fullest."
About LifeSettlementsUSA.com: LifeSettlementsUSA.com will operate statewide throughout Texas. LifeSettlementsUSA.com will offer a no obligation consultation to all clients in order to determine their financial needs: short term, long term, personal, family, and estate, and, in accordance with state law, will help to determine the best solution to meet those needs.
For more information, visit LifeSettlementsUSA.com.
DISCLOSURE NOTICE: Receipt of life insurance benefits or life settlement could also affect your eligibility or your family's eligibility for public assistance programs (Medicaid, AFDC, SSI, or Drug Assistance). You are advised to consult with a qualified tax advisor and with social service agencies to determine how receipt of these benefits affects your tax status, eligibility for public assistance, and circumstances under which you could receive acceleration of life insurance benefits excludable from income under federal law.
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