The Law Offices of Joseph E. Lichter, P.C.
Life Settlements
The Law Offices of Joseph Lichter, P.C. focuses on the complex field of life settlement transactions. A life settlement transaction is a highly regulated transaction in which a life insurance policy owner sells his/her policy to an authorized third party buyer.
In the 20 years that the Firm has been involved in life settlement transactions, we have assisted in the purchase and sale of over one billion dollars of policy face value. Our clients include funds, family offices, and private investors.
Transaction Negotiation and Management
Life settlement transactions involve many different participants, including life settlement providers, financing entities, private equity funds, hedge funds, attorneys, brokers, securities intermediaries, escrow agents, actuaries, service providers, insurance agents, banks, trustees, and more. Complexities abound in a life settlement transaction. Every matter is unique and requires attention to detail. The Law Offices of Joseph E. Lichter, P.C. has extensive experience negotiating and navigating transactions from start to finish. We provide our clients expert counsel, as well as the peace of mind that they will end up in the best possible position when the transaction is completed.
Due Diligence
Life settlement transactions involve an extensive number of documents. Current contracts, past agreements, authorizations, supporting documentation, and title reviews are just a part of the set of documents that an attorney must review. The due diligence process is complex and requires experience and intelligence. Failure to identify problems in due diligence could be disastrous for a party in a life settlement transaction. The Law Offices of Joseph E. Lichter, P.C. employs a comprehensive, time-tested, and meticulous methodology in performing due diligence. Proper due diligence protects a party from entering into a bad transaction. But better than that: with proper due diligence, we become equipped with the tools to remedy problems, thereby enabling the transaction to continue with a vastly improved outcome for our clients.