Welcome to the Retirement Value LLC Receivership website. This website was established to provide information regarding the status of the case as well as our efforts to recover assets for the investors’ benefit. If you have questions that are not answered by the website, please contact the Receiver directly. His contact information can be found on the Contact Information page.

Offer to Purchase Your Claims

VonWin Capital Management, L.P. remains interested in purchasing the outstanding claims in the Combined Estate of Retirement Value, LLC and Hill Country Funding, LLC. Their offer's details were mailed to you directly. Argo Partners has stopped purchasing the outstanding claims. Please note that neither Argo Partners nor VonWin was provided your contact information. If you are interested in further discussions with VonWin, you must contact them:

The Receiver cooperated with each Offeror to promote their offers’ dissemination and encourage your awareness. However, we neither endorse nor object to the offer. Your claims are yours to keep or sell, as you see fit.

Millennium Trust, who succeeded as custodian to Liberty Trust Company as of January 1, 2020, is now (January 2024) Inspira Financial

Effective January 2024, Millennium Trust will be known as Inspira Financial. Millennium Trust Company acquired Liberty Trust Company, LTA, one of the trust companies serving as a custodian of the self-directed IRAs that hold investor-claims against Retirement Value, on or about January 1, 2020. You can find more information about Inspira Financial on its website at: www.inspirafinancial.com.

Distribution

After reviewing the available cash and the level of reserves he is required to maintain, the Receiver has determined that he cannot make a distribution to the investors at this time. According to the latest stochastic report, the Receiver is required to maintain approximately $13 million in premium reserves. As a result, he does not have sufficient cash on hand to make a distribution. When additional maturities occur, the Receiver will re-evaluate whether he can make a distribution.

Receiver’s Reports

Although the active phase of the Receivership has ended, the Receiver continues to manage the estate’s cash and insurance policies. To keep the investors and court informed, the Receiver will report on the status of the estate and his activities quarterly. You can find the quarterly reports on the Investor Communications page. The Receiver has issued his report through the 1st Quarter of 2024.

Maturities

On February 23, 2024, Policy LFG740-071509-RL ($5 million policy) matured.  The Receiver obtained the death certificate, filed the estate’s claim with the carrier, and collected the death benefits which were applied towards replenishing the premium reserves.

On February 17, 2024, Policy LBL771-110209-MF, ($2 million policy) matured.  The Receiver has requested the death certificate, and is awaiting its receipt to file the estate’s claim with the carrier.

On November 12, 2023, Policy AGL66L-071509-LB ($750,000 policy) matured.  The Receiver obtained the death certificate, filed the estate’s claim with the carrier, and collected the death benefits which were applied towards replenishing the premium reserves.

On May 30, 2023, Policy SLA534-031909-LC ($650,000 policy) matured.  The Receiver obtained the death certificate, filed the estate’s claim with the carrier, and collected the death benefits which were applied towards replenishing the premium reserves.

On February 13, 2023, Policy ANI852-031909-HO ($5 million policy) matured.  The Receiver obtained the death certificate, filed the estate’s claim with the carrier, and collected the death benefits which were applied towards replenishing the premium reserves.

On April 25, 2022, Policy MMI860-071509-ML ($1.5 million policy) matured.  The Receiver has obtained the death certificate and filed the estate’s claim with the carrier. When collected, the death benefits will be applied towards replenishing the premium reserves.

On March 18, 2022, Policy OML446-031909-RL ($2.0 million policy) matured.  The Receiver obtained the death certificate and filed the estate’s claim. The death benefits have been collected and will be applied towards replenishing the premium reserves.

On February 6, 2022, Policy AXA729-112009-SF ($2.0 million policy) matured.  The Receiver has ordered the death certificate and will file the estate’s claim promptly upon receipt. When collected, the death benefits will be applied towards replenishing the premium reserves.

On January 3, 2022, Policy LBL165-031909-NL ($750 thousand policy) matured.  The Receiver has obtained the death certificate and filed the estate’s claim with the carrier. When collected, the death benefits will be applied towards replenishing the premium reserves.

On May 10, 2021, Policy HCF-AXA058-PF ($2.5 million policy) matured.  The Receiver obtained the death certificate and filed the estate’s claim. The death benefits have been collected and will be applied towards replenishing the premium reserves.

On November 7, 2018, Policies HCF- JHL305-LS, HCF-SLF652-LS, HCF-JHL442-LS and HCF-SLF495-LS (in aggregate, $4.25 million). The insured’s death was concealed and her death certificate issued under an alias.  The Receiver has since identified the alias, obtained the alias death certificate and filed the estate’s claim.  We are currently fielding inquiries from the insurers and gathering the evidence necessary to convince the insurers that the insured has died. 

Please see the Portfolio Profile under the “About” tab for a comprehensive list of Retirement Value’s maturities.

Contacting the Court

Please do not call or write the Judge directly. If there is something that you wish to bring to the Judge’s attention, you must file a motion, pleading or other document with the Travis County District Clerk at the following address:

Velva Price
Travis County District Clerk
P.O. Box 679003
Austin, TX 78767-9003

Your document should identify this case by its title and cause number (State of Texas vs. Retirement Value, LLC et al; In the 126th Judicial District Court of Travis County, Texas; Cause No. D-1-GV-10-000454). You must also send a copy to the Receiver and to the other parties to the case. Upon request, the Receiver will provide a copy of the current list for service on the parties and counsel. The Travis County Law Library has forms and other useful information for parties without lawyers.