In AEI Life LLC v. Lincoln Benefit Life Co., No. 17-224, 2018 U.S. App. LEXIS 15485 (2d Cir. Jun. 8, 2018), a Trust purchased a $6.5 million life insurance policy on an individual.  On the application, it claimed that the named individual had a net worth of $87 million and an annual income of $1.5 … Continue Reading