On Demand Audio

A Guide to Variable & Fixed Index Annuities For Attorneys

(437 reviews)

Produced on May 20, 2019

$ 89 Insurance Law, Litigation, and Elder Law In Stock
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Course Information

Time 90 minutes
Difficulty Intermediate

Course Description

Deferred annuities are long-term investments for which claims typically arise only after several years. Today there is over two trillion dollars in outstanding deferred annuity accounts across all economic sectors growing by two hundred billion dollars annually. They are actively advertised and promoted for their safety, income, benefits, and guarantees. While the annuity industry benefits substantially from deferral, the benefits of deferral for investors are questionable if not problematic.

Deferred annuities are encountered in all areas of practice, particularly elder law, retirement, and in areas where valuation and sustainability are concerned, which means that many attorneys will encounter these types of investment vehicles. Understanding the basics of this pervasive investment are essential to identifying potential legal claims or heading off potential litigation in the future. This program will provide attorneys with the basic tools to determine if the costs and drag of deferred annuities actually benefits or injures the investor, and to make well-informed decisions in proceeding with a claim.

Learning Objectives:

  1. Review the basics of Deferred Annuities
  2. Perform cost-benefit analyses of deferrals and their alternatives
  3. Analyze of offering materials and sales brochures
  4. Identify valuation issues, including commissions, incentives, and conflicts of interest
  5. Calculate damage methodologies
  6. Prepare for arbitration in annuity claims

Credit Information

After completing this course, Lawline will report your attendance information to {{ accredMasterState.state.name }}. Please ensure your license number is filled out in your profile to ensure timely reporting. For more information, see our {{ accredMasterState.state.name }} CLE Requirements page . After completing this course, {{ accredMasterState.state.name }} attorneys self-report their attendance and CLE compliance. For more information on how to report your CLE courses, see our {{ accredMasterState.state.name }} CLE Requirements FAQ .

Faculty

Frederick Rosenberg

Personal Wealth Analytics

Frederick Rosenberg is a retired attorney with over 40 years’ experience as a Finra Principal, as Examiner-in Charge of Bank Trust and Brokerage credit-audits, as a sole practitioner representing claimants in Arbitration, and as a forensic expert in securities arbitration. He has authored several articles on Investor issues, including deferred annuities, and is a longtime editor and contributor to the Public Investors Arbitration Bar Association, PIABA, Bar Journal. In recent years as a Forensic Expert he has seen a meaningful increase in insurance claims involving deferred annuities as older ones are switched or surrendered with losses.



Reviews

IM
Irwin M.

Very informative program

MT
Maeve T.

OUTSTANDING!

BS
Blythe S.

Clearly the attorney teaching the class is an expert and the slides were great.

PN
Paula N.

Presenter was outstanding.

AR
Arthur R.

Very enlightening revelation on annuity fraud

SS
sara s.

excellent

HR
Holly R.

Obviously knowledgeable and gave excellent information on the topic. Thanks!

KS
Kerry S.

Excellent Presentation. Thanks.

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