Method for funding an organization

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Reexamination Certificate

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Details

C705S03600T, C705S03600T, C705S004000

Reexamination Certificate

active

07451104

ABSTRACT:
A method for funding an organizing with cash flows derived from the death benefits of life insurance policies initiated within a bankrupt remote, special purpose entity having the same insurable interest as the organization, by paying the premiums of said policies with proceeds from the issuance of an asset-backed security through the securitization of said death benefits, requiring no use of cash value, no transfer of ownership or beneficiary of said life insurance policies, and providing guaranteed cash flows to said organization while keeping the initial insurable interest intact.

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Helen Thomas, Financial Times Smaller Companies UK: Peach to enjoy fruits of Aim listing Published: Mar. 30, 2006, 1 page.
James Altucher, Financial Times Ft. Wealth: Asset-backed lending could alter life after insurance market Published: Aug. 16, 2005, 2 pages.
Gregory M. Stanton, Jed Emerson and Marcus Weiss Exploring the Use of Traditional Financing Methods, Processes and Debt Instruments for Expanding the Capital Structure of Nonprofit Community and Economic Development Organizations Draft, Work in Progress—Revised, Feb. 26, 2001, 30 pages.
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J. David Cummins Securitization of Life Insurance Assets and Liabilities Apr. 2003, 66 pages.

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