Wilburn purchased life insurance in the 1980s while he was a small-business owner. The purpose of the policy was to protect his company and his family’s future. After he sold the business, he transferred ownership to his family and they decided to sell the policy rather than pay the premiums. Instead of settling for the surrender value from the insurance company, they received $259,625 from GWG Life. They are using the money from the sale to fund a new insurance policy for Wilburn and his wife.