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Life Insurance Policies (Tables)
 12 Months Ended
Dec. 31, 2019
Investments, All Other Investments [Abstract]  
Schedule of Life Settlement Contracts The following table summarizes the Trust's life insurance policies grouped by remaining life expectancy as of:
December 31, 2019:
Remaining Life Expectancy (Years)Number of Life Insurance PoliciesFace ValueFair Value
0-1—  $—  $—  
1-21  46,395  32,546  
2-35  4,956,008  1,243,470  
3-479  106,480,951  26,699,382  
4-5194  401,541,262  81,093,500  
Thereafter2,617  616,520,712  63,173,836  
Total2,896  1,129,545,328  172,242,734  
December 31, 2018:

Remaining Life Expectancy (Years)Number of Life Insurance PoliciesFace ValueFair Value
0-1—  $—  $—  
1-21  46,395  5,076  
2-31  241,667  53,634  
3-444  50,866,327  15,246,887  
4-5183  339,765,032  75,610,383  
Thereafter2,808  867,471,295  95,335,780  
Total3,037  $1,258,390,716  $186,251,760  
Schedule of Estimated Premiums To Be Paid
Estimated premiums to be paid by the Trust for its portfolio during each of the five succeeding fiscal years and thereafter as of December 31, 2019, are as follows:
2020$63,074,892  
202165,483,103  
202261,597,800  
202356,599,136  
202449,116,216  
Thereafter186,761,906  
Total$482,633,053