Marc Sheridan and Don Tolep of Sheridan Wealth Advisors in Bay Harbor, Fla., say they're seeing more seniors facing financial ruin with these loans. They say the Internal Revenue service might be collecting as much as $1 billion in taxes on this income. It's estimated that more than 10,000 of these "spin life" policies were sold in recent years. It looked like easy money for those willing to "share" their insurable capacity. Now they're learning an expensive lesson. And that's the Savage Truth.