8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (date of earliest event reported):  January 21, 2011

LIFE PARTNERS HOLDINGS, INC.

(Exact Name of Registrant as Specified in Its Charter)

Texas

(State of incorporation)

0-7900 (Commission File Number)	74-2962475 (I.R.S. Employer ID no.)
204 Woodhew Waco, Texas (Address of Principal Executive Offices)	76712 (Zip Code)

Issuer’s telephone number, including area code:  254-751-7797

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01.  Other Events

On January 21, 2011, Life Partners Holdings, Inc.(“we”) issued a press release announcing the declaration of a dividend of $0.20 cents per share (split-adjusted) payable on or about March 15, 2011, to shareholders of record as of February 4, 2011.  The press release is furnished as an exhibit and is posted on our website (www.lphi.com).

The information in this Form 8-K under Item 8.01 and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific referencing in such filing.

Item 9.01.  Financial Statements and Exhibits

(d) Exhibits.

Exhibit Number	Description
99.1	Press release dated January 21, 2011.

SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

January 21, 2011

Life Partners Holdings, Inc.
By:	/s/ David M. Martin
David M. Martin
Principal Financial Officer

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EXHIBIT INDEX

Number	Description	Page
99.1	Press release dated January 21, 2011	4

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EX-99.1

LIFE PARTNERS HOLDINGS, INC. ANNOUNCES

QUARTERLY DIVIDEND

Waco, TX – January 21, 2011 – Life Partners Holdings, Inc. (Nasdaq GS: LPHI), parent company of Life Partners, Inc., announced that its quarterly dividend of $0.20 per share would be paid on or about March 15, 2011, for shareholders of record as of February 4, 2011.  The announcement follows the schedule for dividend payments throughout the company’s 2011 fiscal year, which was released on April 26, 2010, and the amount is adjusted for the 5-for-4 stock split, which took place on December 31, 2010.

Life Partners is the world’s oldest and one of the most active companies in the United States engaged in the secondary market for life insurance, commonly called “life settlements.”  Since its incorporation in 1991, Life Partners has completed over 127,000 transactions for its worldwide client base of 27,000 high net worth individuals and institutions in connection with the purchase of over 6,400 policies totaling more than $2.8 billion in face value.

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LPHI-D

Contact:

Life Partners Holdings, Inc.

Shareholder Relations

254-751-7797

info@LPHI.com

www.lphi.com

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