Offshore Life Insurance & Viaticals Schemes: Avoiding The Perils
After enduring problems as a result of a Ponzi scheme known as Tradex while in his twenties, Steven Roth set up a business that aims to help individuals conduct financial due diligence.
This session will analyze:
Benefits and Perils, Compliance with U.S. laws, economics of products, asset protection efficacy afforded;
Life and Viatical Settlements;
Life settlement schemes and abuses of investors and the elderly;
Failed planned life settlements and concealed or misrepresented commissions for successful settlements;
Fiduciary duty and the narrowing rights and remedies window;
Legal Theories, Broker, Trustee and Insurer Liability.
President, Wealth Management International (Los Angeles)