If this describes you, do not pay winnings annuity

There are companies that purchase future payments. Personal injury settlements are often structured to pay that, over time. There are a few lottery win, annual paid through an annuity for a period of 20 or more. There are companies under the authority of the State and Federal Regulations that payments continue to accelerate and pay a lump sum of cash now.

But is not the best choice for everyone. If any of the below are true about you to avoid,. Sell

· No pressure financing needs or opportunities

18 years? Following

· Are you the only source of income

· Live in North Carolina

· Payments less than $ 100 monthly

· Capacity packages of more than 7 years away

° means amounts owed back taxes or child

While this list is not exhaustive but covers many of the usual reasons cases are not accepted or approved.This court ordered process has strict state and federal guidelines. Numerous attorneys, yours, the insurance company's, and the cash out company are involved and the entire transaction must be approved by a judge.

And as always, seek legal and financial counsel before making any significant decisions. There are several established companies with reputable service history and there are many more companies with less than clear intentions. Rule of thumb, avoid any company that tells you what you want to hear. This transaction will be expensive and closing times vary wildly by state and transaction.

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Taxation of life insurance is hidden in cash for the purchase of annuities

A life insurance settlement May keep the secret source of the cash fund on the sale of your next indexed fixed annuity. Each agent on the planet, selling annuities is active, has heard the objection from a prospect: "I love your concept But my all the money is tied up. " Of course, your return is to motivate Mr. & Mrs. Prospect, move at least part of their funds in the security of a FIA. But if and when you find there are no bullets, not separated, without afinal blow with something like: "One last thought before I go. are sometimes unable to pay pensioners insurance old life, they are still, or perhaps to pay. Often the reason for the recording is so long they live has changed, because life circumstances change over the years. I have a way to reuse "this kind of dormant assets usually more than the value of cash and needs the money to apply your retirement today .. .

Eureka! Suddenly, sales DyingInterview springs back to life with the prospect of settlement on a policy of life insurance money found.

In fact, in life settlements (also known as viatical life settlements known), there were two options, if an elder has had a life that was no longer necessary. He or she could either leave the life insurance policy lapse or cash-in for your surrender value.

Now the elderly have an excellent opportunity to take advantage of their current insurancewith a solution of plant life. These life insurance settlements enable older people to collect insurance, but in a new way. Instead of paying its policy with the exhibition Life Insurance Company, may use a broker life settlement related to money in their pay policy with a financial institution, to the most work.

In short, the transaction is a buy-and-sell exchange between policy owners and investors, brokers facilitated by a life settlement company or glued. Thepolicy owner deals directly with the intermediary acting on its behalf. There are no fees to the seller. The task of the Ombudsman is to package and present the agreement to tender. Financial institutions offer better investment portfolio. Once the terminally ill, elderly life insurance settlements were confined to a unique opportunity for the mature market today. And it works for individuals, businesses and charitable organizations.

Dollar amounts are from the death benefit, not the cash value. Ideal Life Settlements are a percentage of nominal income (net of any death benefit loans and interest) and are always greater than any surrender value. For example, was a recent case of a man of 74 years with a $ 420,000 term life insurance, no cash value. The broker life insurance policy resolution convert all my life. The investor has taken purchase bonus payments. The happy customer $ 68.000 a hidden ordered his escortPension>. And the agent socked away $ 12,600 of the Commission resolution on life insurance (3% of the policy death benefit) plus $ 6.120 of the Commission on the FIA. Not a bad days pay.

If your perspective a little advantage on the reasons for the use of a life insurance settlement of pension fund participation indexed yet, can the following:
* Address is dead and the coverage is no longer necessary, or a beneficiary is financially doing well and no longer need the benefits of deathSurvival

* Premiums are no longer accessible

* Summer has changed the size and coverage policy is too great for property taxes estimated

* People are living longer. Pension income for an extended period

* Improved quality of life with greater cash flow

In its simplest form, you can offer your customers more money in the secondary market out of his life. They avoid paying taxes made by insurance companies and must neverPremium payments.

This may sound simple, but the resources, time and experience are essential. A life insurance company bound solution should all instruments to ensure that customer billing is completed correctly and efficiently. While InsuranStar.com are not supported or endorsed any solution of plant life, or intermediaries life high resolution, for life as a producer and wholesaler, I worked with a busy life settlement brokerI can recommend with confidence. Do not hesitate to contact me for a reliable reference.

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Buyer Beware of structured settlement

Buying a structured settlement for those who afford to do so is a good deal. For those who need a structured so that a solution to sell is a moment of anxiety, fear, insecurity and ordinary.

If you fall into the latter category then structured settlement buyer attention. The reason I suggest this because if you have a good understanding of the market, you could end up paying too much for less than they could receive elsewhere. As in all industries, isthe good, the bad and the greedy.

Want to sell structured settlement, then a good lawyer or a lawyer and get an 'offer from them what their rights will be the first though. In general, work or a fixed fee or percentage basis, but we need These figures "who forward", so you know, I know what the cost of the settlement agreement, so you know what an acceptable offer for a person who had come to buy your consent.

AStructured Settlement Agreement may be had by pain or fear going to get and it is now, your assets. Treat it as a good look at the price it sells for as high as possible. You can divorce your emotions from having to do this, and you will not easily let go. emotional connection plays no role in business common sense.

If you come from this settlement an insurance claim because you were involved in a car accident, for example, theiris likely to go through a mourning period. With the flow, and not afraid to talk about your feelings to your family, but you do not do it to a potential buyer, although (if they are immoral), I want you to talk about the circumstances in which they were assigned are the settlement .

You can try to attract them in the hope that the horror of all break your resolve and make you feel that everything I do is, get rid of it at all costs. This is only atactics at hand, some may use to secure agreement for a lower price. You fall for them. Personally, I would not do business with them because they have shown themselves to be "dirty player" and you do not need more problems from the comparison.

Selling a structured settlement is simply selling an asset and you should not sell good, if you do not need. If you need to do to sell, then beware of where to buy structuredSettlements, because they are not always as ethical as they should be.

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An example of a structured solution

When I was 5 years old, my father fell ill with terminal esophageal cancer. At the time he was a practicing attorney and the age of 38 had not set much in the way of retirement or foundation, to leave His children. I have a sister who was 12 years old when my father was ill. He had a life that was the sum of $ 300,000 and because the disease is relatively sudden, the payment of life insurance a considerable amount of money would leavechildren.

Unfortunately, her parents, my grandparents, life insurance payments. Of course, if the insurance company has acknowledged my father was ill, were looking for any technicality they could find little to stop the policy. My grandparents missed several payments to the policy that clearly qualified as "just cause" to terminate the agreement. As was my father who was 38 years, dying and leaving nothing to his children. I hope that does not soundterrible or how I wanted to do something about it left, when I was 5 and 7 of the disease when he passed, I had no bad intention. I want to give just one example of how and why structured settlements to be established.

Towards the end of disease, the cancer had spread far enough, but a last attempt was made to clear out. On this last attempt, the anesthesiologist made a mistake cause brain damage and my father, sued the hospital to recover medical expenses and have something toleaving her children. Rather than battle an action brought by the insurance has decided to offer my father a deal. He accepted, and the settlement was structured to him the money now and release more money over time.

The payments were paid as follows, I received $ 7,500 dollars for my eighteenth, nineteenth and twenty-first birthday winds, 15,000, followed by a lump on my 25th Birthday in the amount of $. My sister received the same time, but with much less paysince he was 15, when the annuity was purchased and had three years to accrue interest only. I was seven, and when the board was eleven years to grow, they say unnecessarily, my sister was not happy with how the structured settlement has been ordered.

I hope this example can help and now we see a bit 'better, as structured settlements are set-up-up and how to pay.

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Where Do You Find The Best Buyer of Stuctured Settlement Payments?

A buyer of structured settlement arrangements can provide the cash you need in the short term and eliminate the need to wait for payments each and every month. In addition to removing the risk and uncertainty that comes with holding any debt instrument, it allows you to take advantage of a large influx of money.

You may have recently settled an injury lawsuit out of court and there are many questions going through your head. Does it really have to take me 20 years before I can collect all of my money? I have seen companies advertise on TV that they are a buyer of structured settlements. They say that I don't have to wait. I can sell my annuity payments to them. Is this true? Why would I want to? If I decide to sell, how do I go about selecting the right company?

Yes, it is true. You can sell all or part of your structured settlement payments. There are many reasons and advantages of doing so. Let me explain how this works and what advantages that you can expect when you sell your annuity interest.

The buyer of structured settlement that you choose will give you a lump sum payment. The process usually takes a couple of weeks instead of the year, 10 years or 20 years that you may have to wait to receive the total settlement. So, you can get the cash you need in a relatively short period of time.

Why would you want to do this? Maybe your injury has put you behind in your bills and you are tired of hearing from your creditors. Or, you have always wanted to own a home of your own and it is a buyer's market out there. Will it be next year? 10 years from now? You have been given the opportunity to make an investment that you just know is about to take off. There is no time to wait. Maybe, you have figured out, taking into account the steady rise in the rate of inflation, that your settlement won't be worth anywhere near the value that it is today.

The buyer of structured settlement may be the solution. It would give you the cash that you need to realize your dreams or to settle your debt. Your investments such as the house or the business may actually gain you more money over time than your structured settlement would.

There are many buyers of structured settlement out there. How do you choose the right one for you? Many of these companies offer free quotes, give you information about their miscellaneous fees and outline their terms. Go to several companies and get this information. Then consult with your lawyer or financial advisor. Before selecting a buyer of structure settlement to handle your deal, you can check on their reputation.

You have made your decision. You have decided to sell only a part of your structured settlement. You have selected the right buyer of structured settlements for you. You have reviewed the paperwork with your attorney and have signed it. You have waited the two weeks or so it takes to process this transaction. Finally the buyer of structured settlement has sent you the check. You can now pay of your debt, buy that house or make that investment. Congratulations!

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Tax Free Annuities

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People who work for non-profit and tax exempt organizations are just like any other employee in the sense that they also need to secure their future, especially during their retirement, by investing in insurance plans and retirement plans. However, these people are different from you and me because instead of the usual 401K plan that we contribute to, they contribute to a 403B plan, which is a retirement plan that is designed for employees of tax exempt organizations. Moreover, this kind of plan allows people to invest in an annuity, which can provide other benefits apart from providing a source of income during their retirement. This is because this kind of retirement plan is also a 'tax-free' type of annuity.

How does it work?

The other name for this kind of retirement plan is a tax-sheltered annuity whereby a fixed amount of money is deducted from you paycheck, prior to taxes, as contributions to the retirement plan. With this kind of annuity, the taxes on the earnings of the retirement plan are deferred up until the people who contribute to them decide to take money from it. This means that the investment on these retirement plans can grow much faster than a traditional savings account because the tax-free interest that the plan earns can accumulate over time, providing a higher income in retirement. This income would consist not only of the interest or the earnings that the retirement plan would earn but also the principal amount, which is also protected in this kind of annuity.

However, in recent years, tax-sheltered annuities have also been made available to people who do not work for tax-exempt organizations, allowing more people to reap the benefits of having the tax payments on their earnings from these investment plans deferred. If organizations are interested in setting up a tax-sheltered annuity for their employees, one of the best sources of information on them is the Internet, which can lead them to the different financial institutions that offer them.

In the same way that most people plan for their retirement by investing in retirement plans, people who work for tax-exempt organizations also do so to secure their future. For these people, the most common retirement plan that they invest in is the tax-sheltered annuity, which renders the earnings they get from the plan to be tax-free, given that tax payments on these earnings are deferred. Given this, people who work for tax-exempt organizations are now given the chance to grow their savings faster compared to investing money in other retirement plans.

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More on a Structured Settlement Annuity

A structured settlement annuity refers to the recurring payments made by an insurance company to an individual in the case of out-of-court settlements. It is a structured settlement because it involves an agreement for a predetermined amount of cash for a fixed length of time. This is commonly used as an alternative to lump sum settlements.

Also known as periodic payments, these could be made for the duration of the life of the claimant. The payment can be in the form of equal installments or installments of varying amounts. Because these are long-term payments, it is important to get an assurance of the credentials of the annuity provider to ensure that it is capable of meeting the terms of the settlement.

The start date, duration and frequency of the payment are also specified in the settlement agreement. These are calculated based on the claimant's monthly expenses, present age, extent of hazard in occupation and retirement plans. Under certain conditions, transferring of obligation from the insurance company making the payment to a third party is allowed.

Periodic payments from a structured settlement are tax-free, but only if the structure of payments is not altered once both parties have agreed upon it. While this may give recipients a sense of security, some are concerned that the payments will lose their value over the term of the payout because of inflation. It is also possible that their financial situation has changed, so that they need money sooner rather than later to meet expenses or they find that the payments no longer fit their budget.

These are some of the reasons that drive people to sell structured settlement payments. Selling future payments in part or whole for lump sum cash allows them to decide what to do with their money to secure their present needs and future financial standing. They can use it to purchase big-ticket items such as a home or a car, to finance their education or just reinvest it where the dividends are greater.

There are many institutions that buy structured settlements, with transactions running in the tens of thousands up to millions of dollars. In choosing a settlement purchaser, it is important to look into the past payment records and working relationships with insurance companies. A consistently good payment record and working relationship with various insurance companies means a good chance of the transaction being approved quickly.

Purchasers should also be licensed, insured and bonded. This is to protect clients and ensure that they get their cash if the purchaser goes out of business. It is also advisable to take advantage of the free consultations offered by settlement purchasers, not only to assess a prospect, but to get different opinions on whether selling the settlement is the best option and if there are other options as well.

The decision to keep a structured settlement intact or to sell the payments is a major one. A structured settlement annuity can be a source of great comfort for retired individuals or people with impaired earning ability, since it offers the advantage of a regular income without having to worry about managing it. On the other hand, people who sell structured settlement payments gain control of their own finances, and can use the money from the sale for an alternative investment plan that could earn them more than what they were getting from the settlement. Ideally, however, the latter should be resorted to only if the individual is confident of managing his own finances in a competent manner.

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Tax Free Annuities

People who work for non-profit and tax exempt organizations are just like any other employee in the sense that they also need to secure their future, especially during their retirement, by investing in insurance plans and retirement plans. However, these people are different from you and me because instead of the usual 401K plan that we contribute to, they contribute to a 403B plan, which is a retirement plan that is designed for employees of tax exempt organizations. Moreover, this kind of plan allows people to invest in an annuity, which can provide other benefits apart from providing a source of income during their retirement. This is because this kind of retirement plan is also a 'tax-free' type of annuity.

How does it work?

The other name for this kind of retirement plan is a tax-sheltered annuity whereby a fixed amount of money is deducted from you paycheck, prior to taxes, as contributions to the retirement plan. With this kind of annuity, the taxes on the earnings of the retirement plan are deferred up until the people who contribute to them decide to take money from it. This means that the investment on these retirement plans can grow much faster than a traditional savings account because the tax-free interest that the plan earns can accumulate over time, providing a higher income in retirement. This income would consist not only of the interest or the earnings that the retirement plan would earn but also the principal amount, which is also protected in this kind of annuity.

However, in recent years, tax-sheltered annuities have also been made available to people who do not work for tax-exempt organizations, allowing more people to reap the benefits of having the tax payments on their earnings from these investment plans deferred. If organizations are interested in setting up a tax-sheltered annuity for their employees, one of the best sources of information on them is the Internet, which can lead them to the different financial institutions that offer them.

In the same way that most people plan for their retirement by investing in retirement plans, people who work for tax-exempt organizations also do so to secure their future. For these people, the most common retirement plan that they invest in is the tax-sheltered annuity, which renders the earnings they get from the plan to be tax-free, given that tax payments on these earnings are deferred. Given this, people who work for tax-exempt organizations are now given the chance to grow their savings faster compared to investing money in other retirement plans.

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How To Sell Structured Insurance Settlement For a Large Lump Sum of Money

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Recipients of monthly payments may not be aware that they may sell structured insurance settlement payment rights to organizations that can, in return, provide a lump sum of cash to be used by the seller immediately. Although the promise of regular payments through a structured settlement may sound appealing at first, many recipients find that having access to cash, even if it amounts to less than the total annuity payment over time, is a better deal.

People who decide to sell structured insurance settlements do so to have money at their immediate disposal, rather than to have to wait for expected payments. The lump sum payout is basically a cash advance that can be spent as needed or saved or invested for future use. People who decide to sell structured insurance settlement payment agreements find that having access to cash at one time can pay off debt, cover unforeseen medical and education expenses, allow for large purchases, and even treat the family to a dream vacation.

Some people choose to use the additional cash to take advantage of investment opportunities that might yield more money over time than the settlement offered. Regardless of what they decide to do with the money they receive, people who sell structured insurance settlements regain control of the money awarded to them and are able to do with that money what they choose in the present, rather than having to wait years for the series of payments to arrive.

Those choosing to sell will want to do some research to be sure they get the most out of the transaction. Reputable buyers offer many options to sellers and can customize agreements to suit individual needs since no two arrangements are alike.

How Do I Start the Selling Process?

If you decide you want to sell structured insurance settlement payments to a buyer, you should first find out what types of programs are offered. Understand that when you sell a structured insurance settlement, you will receive less money than was awarded to you originally; however, that money will immediately be yours to do with as you please.

And don't forget that due to the natural flow of inflation, structured set payments are actually worth less over time. This is why it makes sense to get a lump sum now. A reputable buyer will also suggest that you consult an attorney and have him or her look over the agreement you are planning to make with the buyer.

Whether you decide to continue receiving periodic payments or to join those who have decided to sell structured insurance settlements, remember that the money was awarded to you, and you have options of when to receive your money and what you can do to make it work best for you.

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A Structured Lawsuit Settlement Seemed Like a Good Idea at One Time

You are receiving payments spread out over months, years, even a lifetime. It's great when the money arrives but the payments are often too small or too spread out to really satisfy your needs. Careful research could yield more of your cash faster. There are some half dozen financial institutions with the knowledge and resources to effectively advance your future lawsuit payments.

While the rewards are obvious, the risks are not so easily understood.

Once you identify an annuity buyout funding source, consult your attorney for an explanation of the legal requirements. Beware some of the following pitfalls when obtaining an

advance on your future lawsuit payments. It takes time.
In most cases the industry-wide standard is several months. Some companies will tell you they can get your deal processed in weeks. Unfortunately, courts do not operate that quickly. Most people want a set time frame and need the money right away. You have to go to court.
Most states have passed a Model Act that requires annuitants to obtain a court order prior to reassigning their payments. A federal law levies stiff tax penalties on any advance obtained without a court order. (Unless you are the "owner" of the annuity) You will receive a discounted value of your future payments.
There are many variables involved. The rating of the insurance company making the payments, the size of your transaction and how far into the future the payments extend all affect the amount you will receive. Often it is less than you would expect. You do not have to sell all your payments.

You can structure your purchase in multiple ways. For example, you can sell all remaining payments, a partial number of payments or a percentage of your payments.
It is recommended to not sell beyond 14 years of payments. The freedom to accelerate the payout of your lawsuit annuity is yours, exercise it carefully.

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A Structured Lawsuit Settlement Seemed Like a Good Idea at One Time

You are receiving payments spread out over months, years, even a lifetime. It's great when the money arrives but the payments are often too small or too spread out to really satisfy your needs. Careful research could yield more of your cash faster. There are some half dozen financial institutions with the knowledge and resources to effectively advance your future lawsuit payments.

While the rewards are obvious, the risks are not so easily understood.

Once you identify an annuity buyout funding source, consult your attorney for an explanation of the legal requirements. Beware some of the following pitfalls when obtaining an

advance on your future lawsuit payments. It takes time.
In most cases the industry-wide standard is several months. Some companies will tell you they can get your deal processed in weeks. Unfortunately, courts do not operate that quickly. Most people want a set time frame and need the money right away. You have to go to court.
Most states have passed a Model Act that requires annuitants to obtain a court order prior to reassigning their payments. A federal law levies stiff tax penalties on any advance obtained without a court order. (Unless you are the "owner" of the annuity) You will receive a discounted value of your future payments.
There are many variables involved. The rating of the insurance company making the payments, the size of your transaction and how far into the future the payments extend all affect the amount you will receive. Often it is less than you would expect. You do not have to sell all your payments.

You can structure your purchase in multiple ways. For example, you can sell all remaining payments, a partial number of payments or a percentage of your payments.
It is recommended to not sell beyond 14 years of payments. The freedom to accelerate the payout of your lawsuit annuity is yours, exercise it carefully.

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More on a Structured Settlement Annuity

A structured settlement annuity refers to the recurring payments made by an insurance company to an individual in the case of out-of-court settlements. It is a structured settlement because it involves an agreement for a predetermined amount of cash for a fixed length of time. This is commonly used as an alternative to lump sum settlements.

Also known as periodic payments, these could be made for the duration of the life of the claimant. The payment can be in the form of equal installments or installments of varying amounts. Because these are long-term payments, it is important to get an assurance of the credentials of the annuity provider to ensure that it is capable of meeting the terms of the settlement.

The start date, duration and frequency of the payment are also specified in the settlement agreement. These are calculated based on the claimant's monthly expenses, present age, extent of hazard in occupation and retirement plans. Under certain conditions, transferring of obligation from the insurance company making the payment to a third party is allowed.

Periodic payments from a structured settlement are tax-free, but only if the structure of payments is not altered once both parties have agreed upon it. While this may give recipients a sense of security, some are concerned that the payments will lose their value over the term of the payout because of inflation. It is also possible that their financial situation has changed, so that they need money sooner rather than later to meet expenses or they find that the payments no longer fit their budget.

These are some of the reasons that drive people to sell structured settlement payments. Selling future payments in part or whole for lump sum cash allows them to decide what to do with their money to secure their present needs and future financial standing. They can use it to purchase big-ticket items such as a home or a car, to finance their education or just reinvest it where the dividends are greater.

There are many institutions that buy structured settlements, with transactions running in the tens of thousands up to millions of dollars. In choosing a settlement purchaser, it is important to look into the past payment records and working relationships with insurance companies. A consistently good payment record and working relationship with various insurance companies means a good chance of the transaction being approved quickly.

Purchasers should also be licensed, insured and bonded. This is to protect clients and ensure that they get their cash if the purchaser goes out of business. It is also advisable to take advantage of the free consultations offered by settlement purchasers, not only to assess a prospect, but to get different opinions on whether selling the settlement is the best option and if there are other options as well.

The decision to keep a structured settlement intact or to sell the payments is a major one. A structured settlement annuity can be a source of great comfort for retired individuals or people with impaired earning ability, since it offers the advantage of a regular income without having to worry about managing it. On the other hand, people who sell structured settlement payments gain control of their own finances, and can use the money from the sale for an alternative investment plan that could earn them more than what they were getting from the settlement. Ideally, however, the latter should be resorted to only if the individual is confident of managing his own finances in a competent manner.

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Settlement - Structured Options For Structured Settlement Annuity Owners

If you own the rights to structured settlement payments, you have several options open to you that you may or may not choose to exercise. Knowing what those basic options are is the first step in determining whether your current arrangement is the best for you.

How Do I Know If I Hold Rights To A Structured Settlement?

Most people know if they hold the rights to a structured settlement, but since the definition can be somewhat broad, you may be unsure.

Basically a structured settlement agreement is a financial contract wherein a responsible party is committed to paying you in regular intervals to satisfy a financial obligation to you. Most commonly these are the result of a personal injury lawsuit where the person responsible for injury, damage, and/or negligence is required to compensate you for your pain and suffering and sometimes loss of property or use of it. The cases that result in structured settlement payments can vary and may include

o Physical injury

o Psychological harm

o Medical malpractice

o Wrongful death

o Property loss or damage

Structured settlements also derive from contests and winnings. Sometimes a lottery winning, gambling or casino win, or other similar large windfall may be structured as a recurring payment made over time rather than a singular large payment.

Awards that are formed into structured settlement agreements are usually quite large and so are paid out over time at a rate that is supposed to meet the needs of the recipient, while also compensating for damage done.

Where Structured Settlement Payments Come From

Because such large payments would be hard to meet for some payers, and also because the majority of such payments come from an insured party's insurance provider, an annuity is usually purchased to cover them. This annuity is an investment bought for less than the actual amount owed, and accrues interest. A combination of interest and principal is used to make the recurring structured settlement payments, and this is the money received by the person receiving monies.

What Are My Options With My Structured Settlement?

If you do determine that you hold rights to payments, you have the option to sell those rights to a third party if it is deemed in your best interest; by doing so you can receive a large lump sum of cash at a discounted rate in exchange for a specified number of the payments. There are many ways this can be done, and you can choose to sell all or just some, or a percentage of your structured settlement payments. This is usually done to satisfy a financial need, such as to pay for unforeseen expenses, recover from financial stress endured during the settlement phase, or to access cash more quickly and gain better control over a larger sum rather than wait out accumulating payments.

Structured settlement payments do not arise out of fortunate circumstances in the vast majority of cases, although sometimes in the case of winnings they do. The agreements that are reached are not always ideal for recipients. Knowing what you hold rights to and exercising your payment and selling options is one way to recover from a bad situation, or possibly a way to make even better on a good one.

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Settlement - Structured Options For Structured Settlement Annuity Owners

If you own the rights to structured settlement payments, you have several options open to you that you may or may not choose to exercise. Knowing what those basic options are is the first step in determining whether your current arrangement is the best for you.

How Do I Know If I Hold Rights To A Structured Settlement?

Most people know if they hold the rights to a structured settlement, but since the definition can be somewhat broad, you may be unsure.

Basically a structured settlement agreement is a financial contract wherein a responsible party is committed to paying you in regular intervals to satisfy a financial obligation to you. Most commonly these are the result of a personal injury lawsuit where the person responsible for injury, damage, and/or negligence is required to compensate you for your pain and suffering and sometimes loss of property or use of it. The cases that result in structured settlement payments can vary and may include

o Physical injury

o Psychological harm

o Medical malpractice

o Wrongful death

o Property loss or damage

Structured settlements also derive from contests and winnings. Sometimes a lottery winning, gambling or casino win, or other similar large windfall may be structured as a recurring payment made over time rather than a singular large payment.

Awards that are formed into structured settlement agreements are usually quite large and so are paid out over time at a rate that is supposed to meet the needs of the recipient, while also compensating for damage done.

Where Structured Settlement Payments Come From

Because such large payments would be hard to meet for some payers, and also because the majority of such payments come from an insured party's insurance provider, an annuity is usually purchased to cover them. This annuity is an investment bought for less than the actual amount owed, and accrues interest. A combination of interest and principal is used to make the recurring structured settlement payments, and this is the money received by the person receiving monies.

What Are My Options With My Structured Settlement?

If you do determine that you hold rights to payments, you have the option to sell those rights to a third party if it is deemed in your best interest; by doing so you can receive a large lump sum of cash at a discounted rate in exchange for a specified number of the payments. There are many ways this can be done, and you can choose to sell all or just some, or a percentage of your structured settlement payments. This is usually done to satisfy a financial need, such as to pay for unforeseen expenses, recover from financial stress endured during the settlement phase, or to access cash more quickly and gain better control over a larger sum rather than wait out accumulating payments.

Structured settlement payments do not arise out of fortunate circumstances in the vast majority of cases, although sometimes in the case of winnings they do. The agreements that are reached are not always ideal for recipients. Knowing what you hold rights to and exercising your payment and selling options is one way to recover from a bad situation, or possibly a way to make even better on a good one.

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Structured Settlement Annuity Buyer

Annuities are one of the most important and inevitable and lucrative policies for the well being of the senior citizens of America. However, at some crossroads of life one might need to have their future to be planned in a proper way, especially during and after the retirement phase. The best time to buy an annuity is age 55 or older. An annuity is the ideal life planning tool for a senior citizen that comes up to him or her with all the advantages near the end of his life.

A structured settlement annuity is a particular kind of an annuity plan that has its own advantages and disadvantages. A structured settlement means "by the obligation of a payment that is deferred". This type of annuity results from the settlement of a personal injury lawsuit. Usually a structured settlement annuity buyer has to make his or her payments over a considerable time or over a period of several years. This kind of annuity plan varies from personal injury accidents and such other mishaps to product liability. It is the fundamental right for a citizen to receive the amount of compensation that he or she deserves if he or she is hurt for some other person. Therefore various insurance companies and agencies buy annuity plans. This plan would be valuable enough to pay a combination of principal and interest over a long period of time. This payment is even possible on the conditions of restrictions regarding the schedule of disbursement.

There are a number of structured settlement companies, however, that offer a number of flexible, individually tailored plans. This is a great leap for those who are structured settlement recipients in receiving a considerable amount of money for their future payments. In one word, a structured settlement helps one to meet today's needs, turning the future and distant payments into the money one needs today.

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Structured Settlement Annuity Buyer

Annuities are one of the most important and inevitable and lucrative policies for the well being of the senior citizens of America. However, at some crossroads of life one might need to have their future to be planned in a proper way, especially during and after the retirement phase. The best time to buy an annuity is age 55 or older. An annuity is the ideal life planning tool for a senior citizen that comes up to him or her with all the advantages near the end of his life.

A structured settlement annuity is a particular kind of an annuity plan that has its own advantages and disadvantages. A structured settlement means "by the obligation of a payment that is deferred". This type of annuity results from the settlement of a personal injury lawsuit. Usually a structured settlement annuity buyer has to make his or her payments over a considerable time or over a period of several years. This kind of annuity plan varies from personal injury accidents and such other mishaps to product liability. It is the fundamental right for a citizen to receive the amount of compensation that he or she deserves if he or she is hurt for some other person. Therefore various insurance companies and agencies buy annuity plans. This plan would be valuable enough to pay a combination of principal and interest over a long period of time. This payment is even possible on the conditions of restrictions regarding the schedule of disbursement.

There are a number of structured settlement companies, however, that offer a number of flexible, individually tailored plans. This is a great leap for those who are structured settlement recipients in receiving a considerable amount of money for their future payments. In one word, a structured settlement helps one to meet today's needs, turning the future and distant payments into the money one needs today.

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How To Sell Structured Insurance Settlement For a Large Lump Sum of Money

Recipients of monthly payments may not be aware that they may sell structured insurance settlement payment rights to organizations that can, in return, provide a lump sum of cash to be used by the seller immediately. Although the promise of regular payments through a structured settlement may sound appealing at first, many recipients find that having access to cash, even if it amounts to less than the total annuity payment over time, is a better deal.

People who decide to sell structured insurance settlements do so to have money at their immediate disposal, rather than to have to wait for expected payments. The lump sum payout is basically a cash advance that can be spent as needed or saved or invested for future use. People who decide to sell structured insurance settlement payment agreements find that having access to cash at one time can pay off debt, cover unforeseen medical and education expenses, allow for large purchases, and even treat the family to a dream vacation.

Some people choose to use the additional cash to take advantage of investment opportunities that might yield more money over time than the settlement offered. Regardless of what they decide to do with the money they receive, people who sell structured insurance settlements regain control of the money awarded to them and are able to do with that money what they choose in the present, rather than having to wait years for the series of payments to arrive.

Those choosing to sell will want to do some research to be sure they get the most out of the transaction. Reputable buyers offer many options to sellers and can customize agreements to suit individual needs since no two arrangements are alike.

How Do I Start the Selling Process?

If you decide you want to sell structured insurance settlement payments to a buyer, you should first find out what types of programs are offered. Understand that when you sell a structured insurance settlement, you will receive less money than was awarded to you originally; however, that money will immediately be yours to do with as you please.

And don't forget that due to the natural flow of inflation, structured set payments are actually worth less over time. This is why it makes sense to get a lump sum now. A reputable buyer will also suggest that you consult an attorney and have him or her look over the agreement you are planning to make with the buyer.

Whether you decide to continue receiving periodic payments or to join those who have decided to sell structured insurance settlements, remember that the money was awarded to you, and you have options of when to receive your money and what you can do to make it work best for you.

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Structured Settlement Annuity Buyer

Annuities are one of the most important and inevitable and lucrative policies for the well being of the senior citizens of America. However, at some crossroads of life one might need to have their future to be planned in a proper way, especially during and after the retirement phase. The best time to buy an annuity is age 55 or older. An annuity is the ideal life planning tool for a senior citizen that comes up to him or her with all the advantages near the end of his life.

A structured settlement annuity is a particular kind of an annuity plan that has its own advantages and disadvantages. A structured settlement means "by the obligation of a payment that is deferred". This type of annuity results from the settlement of a personal injury lawsuit. Usually a structured settlement annuity buyer has to make his or her payments over a considerable time or over a period of several years. This kind of annuity plan varies from personal injury accidents and such other mishaps to product liability. It is the fundamental right for a citizen to receive the amount of compensation that he or she deserves if he or she is hurt for some other person. Therefore various insurance companies and agencies buy annuity plans. This plan would be valuable enough to pay a combination of principal and interest over a long period of time. This payment is even possible on the conditions of restrictions regarding the schedule of disbursement.

There are a number of structured settlement companies, however, that offer a number of flexible, individually tailored plans. This is a great leap for those who are structured settlement recipients in receiving a considerable amount of money for their future payments. In one word, a structured settlement helps one to meet today's needs, turning the future and distant payments into the money one needs today.

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Best Ways To Sell Annuities

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Do you no longer need consistent monthly payments and would instead prefer a lump sum? If so, then you should think about selling your annuity. Besides the reason I already mentioned there are several reasons why you would want to sell your annuity. There are also different ways of doing it and they're all have their advantages and disadvantages. And for our professional annuity sellers, there are more ways to sell annuities invented every day.

Of all the different annuities one can purchase on the market today, they all have one important characteristic- consistent and safe periodic payments. Consistent, safe but very conservative. Annuities are not a great long-term investment. If you're young or have too much of your investing dollars in annuities you need to diversify. Diversify for better returns and, believe it or not, less risk. When you're young, you don't need a safe investment. Over the long haul, a risky investment will yield more while you don't worry about the ups and downs of decades of market flux. It's ok to have safe and consistent annuity payments but not too much so that it hinders your long-term investment potential.

Another reason to sell your annuity is to make a big purchase. You have plenty of money for what you want on paper but you only get a small percentage available to you in small payments. When you sell your annuity, you get everything. Whether you're getting your first home or a retirement vacation home, selling your annuity can make it happen.

How do you sell your annuity? The best and easiest way is to find a big reliable company that has experience and readily available funds to buy your annuity. It's a good choice but their fee and the amount you'll get will be much lower. A second less popular way is to sell directly to someone else. The legal procedure isn't the easiest but not impossible. Most annuities make it easy to transfer to someone else. Of course, look out for deals that seem too good to be true. Take out an ad in the newspaper or even Ebay and offer a good deal for both of you.

Other creative ways to sell annuities include faster or bigger payments, swapping for a better annuity or using it as collateral in a loan. Say you get $1000 a month for 30 years. If you can't outright sell the annuity for a price you're comfortable with then you might be able to get an annuity with a much bigger payment but for less years. That's better than nothing. You can also swap annuities with a company or individual and the annuity you get is easier to unload. That's a few more transactions and probably higher transaction costs but the result is exactly what you need. Lastly you can use your annuity for collateral on a loan. Here you would be hedging your interest in a bad way. You get a higher yield on your annuity but then you have to pay interest on the loan. You will get the whole lump sum so make sure you're not taking a loss overall. This strategy works best, obviously, when there are low interest rates.

Maybe you're a selling annuities professional and hopefully you've made it all the way to this point in the article. You may think you know all the ways to sell annuities but things are rapidly changing in marketing. You need to know about online marketing. The main points of online marketing to sell annuities are search engine optimization, pay per click search engines, directories and email lists. Concentrate on these aspects of online marketing and you'll sell more annuities.

For several reasons, people decide to sell their annuities. They go about it in a variety of ways without knowing the advantages and disadvantages of their method. Going to a company, selling to another investor or getting a loan for several popular ways. If you're a professional, you can maximize the power of the web. So now you know and now you should go get your payment.

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Settlement - Structured Options For Structured Settlement Annuity Owners

If you own the rights to structured settlement payments, you have several options open to you that you may or may not choose to exercise. Knowing what those basic options are is the first step in determining whether your current arrangement is the best for you.

How Do I Know If I Hold Rights To A Structured Settlement?

Most people know if they hold the rights to a structured settlement, but since the definition can be somewhat broad, you may be unsure.

Basically a structured settlement agreement is a financial contract wherein a responsible party is committed to paying you in regular intervals to satisfy a financial obligation to you. Most commonly these are the result of a personal injury lawsuit where the person responsible for injury, damage, and/or negligence is required to compensate you for your pain and suffering and sometimes loss of property or use of it. The cases that result in structured settlement payments can vary and may include

o Physical injury

o Psychological harm

o Medical malpractice

o Wrongful death

o Property loss or damage

Structured settlements also derive from contests and winnings. Sometimes a lottery winning, gambling or casino win, or other similar large windfall may be structured as a recurring payment made over time rather than a singular large payment.

Awards that are formed into structured settlement agreements are usually quite large and so are paid out over time at a rate that is supposed to meet the needs of the recipient, while also compensating for damage done.

Where Structured Settlement Payments Come From

Because such large payments would be hard to meet for some payers, and also because the majority of such payments come from an insured party's insurance provider, an annuity is usually purchased to cover them. This annuity is an investment bought for less than the actual amount owed, and accrues interest. A combination of interest and principal is used to make the recurring structured settlement payments, and this is the money received by the person receiving monies.

What Are My Options With My Structured Settlement?

If you do determine that you hold rights to payments, you have the option to sell those rights to a third party if it is deemed in your best interest; by doing so you can receive a large lump sum of cash at a discounted rate in exchange for a specified number of the payments. There are many ways this can be done, and you can choose to sell all or just some, or a percentage of your structured settlement payments. This is usually done to satisfy a financial need, such as to pay for unforeseen expenses, recover from financial stress endured during the settlement phase, or to access cash more quickly and gain better control over a larger sum rather than wait Collecting payments.

Structured settlement payments are not caused by fortuitous circumstances, the vast majority of cases, although sometimes in the case of the profits they make. The agreements reached are not always ideal for the recipient. To know what you think and exercise their rights to payment and selling options is a way to recover from a bad situation, or perhaps a way to even better on a good book.

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How To Sell An Annuity

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What is an annuity? An annuity is a regular monthly income stream that a person receives after an initial investment of money. Answering the question, "What is an annuity?" is a lot more complicated, of course. Annuities can be very complex and come in many different forms, so it's important to learn all you can about them before purchasing and selling. As with everything in life, knowledge is power, so it pays to know more about annuities before you get involved. Once you've researched more about them, you can move forward with confidence and make decisions that will benefit you the most.

You must sell an annuity in order to receive a lump sum payment from it - this is the main reason why people sell annuities. Annuities are generally safe investments, but they don't have high returns, especially when compared to the alternatives. However, they make great short-term investments - it all depends on what you plan to get out of your investment strategy. Diversification is recommended for most people as a way to spread your assets around and reduce risk while increasing the potential for profit.

Oftentimes people sell annuity payments to make a large purchase. Instead of receiving monthly payments you get a full amount in one payment. This can be very helpful if you want to buy a home and finance a large down payment, or purchase a vacation property. The best way to sell an annuity is to find a reliable company to sell it for you. A large company makes annuity selling easier because they have the funds and the experience to make it happen. Of course, there are downsides to selling an annuity through a larger company - you have to pay a fee and you may not get as much for the annuity as you hoped.

You can sell annuity plans in another way, although this isn't the most popular choice - directly to someone wanting the annuity. Annuity selling through this method involves a lot of legalities in some cases but it's not impossible to do it on your own. There are many annuity selling opportunities online that can help you sell annuity plans quickly and easily.

There are other ways to sell annuities as well, such as exchanging for other annuities or using them as collateral for a loan. To sell annuity plans you can get rather creative. For example, annuity selling that involves an exchange could work like the following - swap out a smaller payment over a long time period for a larger payment over a shorter term. This is a good option if you can't sell the structured settlement for a lump sum. You can also make a full swap, if annuity selling doesn't work out for you. This involves exchanging with a company or individual for an annuity that may be easier for you to sell on your own.

Although the latter method charges more fees and takes longer for all the transactions to be processed, it can yield exactly the results you may be looking for. Using your structured settlement on a loan is not recommended, but if the interest rates are low and you're willing to go this route, it's a viable option. This method gives you a higher yield on your annuity and you get the lump sum to use as you please.

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Annuity Leads

It is a challenging job to generate your own annuity leads. If each of its steps is not done properly, you will be throwing your cash in the garbage. It is not very easy to find good annuity leads.

After retirement, most people invest their financial retirement benefits in insurance firms, on the provision that their money is repaid to them on a regular basis. More clearly, the investors buy annuity (the above agreement) from the insurers. With this arrangement, the investors are assured of a regular income through retirement, or thereafter to their successors.

But in some situations such as buying a home, the annuity payments that the investors receive may not be sufficient. At such times, the investors can withdraw a prescribed amount by paying a surcharge to the insurance company. But, this is often found to be uneconomical. To overcome this difficulty, the US government introduced certain provisions by which the retired person can sell his annuity to an approved financial institute that pays a lump sum amount to the person.

Selling of these annuities involves several steps. At first, the retiree goes to a finance organization, fills out a 'request form' called 'annuity lead', and submits the form to the organization. Many people seek the assistance of a broker or an annuity lead provider to generate the annuity leads. It is important to make sure that lead providing company, the broker, and financing institute are certified.

Annuity leads are considered as the most important documents in a money transfer. They contain information such as date of request, private information (like name, address, city, phone and email address), initial investment, source of funds, payment timeframe (usually in number of years), and rate of return. The leads also include the lead reference number, and the date and time of lead generation.

There are some basic precautions to follow while considering annuity lead services. First, a company should never purchase more than they can well afford. It is also important to check whether the lead service is guaranteed or not.

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Where Do You Find A Qualified Buyer of Structured Settlement Annuity?

Finding a qualified buyer of structured settlement annuity is much easier these days thanks to the Internet. With just the click of a mouse you have access to the top note buyers in the country, and you can sell your annuity in a matter of days. It's just a question of finding the right buyer.

Many people find at the beginning or over time that the monthly payments they receive as part of a structured settlement no longer work for them. They might need an immediate source of cash, might be looking to retire or just might not want to assume the risk anymore. Whatever the case may be, there are professionals who are willing to purchase these settlements and assume the risk for you.

It's important to remember that you do not have to sell your entire note. Rather, you can tell the buyer of structured annuity settlement that you only want to sell a portion of it. This is called a partial and it is a common way of structuring the deal. Here's an example of how this works:

Let's say you have a $100,000 settlement paying over 5 years. You need $40k now for a new investment. Well you can sell $40k worth of payments (however many months that works out to be) and retain the rest of the monthly income. Once those payments are made, you resume right where you left off and start receiving your monthlies again.

There are other ways to sell as well, and a knowledgeable buyer of structured settlement annuity will be able to explain all of them to you. After hearing all of the options you can decide which works best for your particular financial situation.

How much will you get for your structured settlement?

That depends on a number of factors, including but not limited to the remaining balance, months/years left, inflationary concerns, timeliness of payments and the financial stability/reliability of the payor. The buyer of structured annuity settlement will take all of these into consideration to come up with their valuation. Remember, it has to make financial sense for them as well as they are taking on the risk of holding this annuity, possibly for many years to come.

If you're considering selling your note, make sure you find a qualified buyer of structured settlement annuity with many years of experience in the industry. This way you are sure to get top dollar for your settlement.

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Best Ways To Sell Annuities

Do you no longer need consistent monthly payments and would instead prefer a lump sum? If so, then you should think about selling your annuity. Besides the reason I already mentioned there are several reasons why you would want to sell your annuity. There are also different ways of doing it and they're all have their advantages and disadvantages. And for our professional annuity sellers, there are more ways to sell annuities invented every day.

Of all the different annuities one can purchase on the market today, they all have one important characteristic- consistent and safe periodic payments. Consistent, safe but very conservative. Annuities are not a great long-term investment. If you're young or have too much of your investing dollars in annuities you need to diversify. Diversify for better returns and, believe it or not, less risk. When you're young, you don't need a safe investment. Over the long haul, a risky investment will yield more while you don't worry about the ups and downs of decades of market flux. It's ok to have safe and consistent annuity payments but not too much so that it hinders your long-term investment potential.

Another reason to sell your annuity is to make a big purchase. You have plenty of money for what you want on paper but you only get a small percentage available to you in small payments. When you sell your annuity, you get everything. Whether you're getting your first home or a retirement vacation home, selling your annuity can make it happen.

How do you sell your annuity? The best and easiest way is to find a big reliable company that has experience and readily available funds to buy your annuity. It's a good choice but their fee and the amount you'll get will be much lower. A second less popular way is to sell directly to someone else. The legal procedure isn't the easiest but not impossible. Most annuities make it easy to transfer to someone else. Of course, look out for deals that seem too good to be true. Take out an ad in the newspaper or even Ebay and offer a good deal for both of you.

Other creative ways to sell annuities include faster or bigger payments, swapping for a better annuity or using it as collateral in a loan. Say you get $1000 a month for 30 years. If you can't outright sell the annuity for a price you're comfortable with then you might be able to get an annuity with a much bigger payment but for less years. That's better than nothing. You can also swap annuities with a company or individual and the annuity you get is easier to unload. That's a few more transactions and probably higher transaction costs but the result is exactly what you need. Lastly you can use your annuity for collateral on a loan. Here you would be hedging your interest in a bad way. You get a higher yield on your annuity but then you have to pay interest on the loan. You will get the whole lump sum so make sure you're not taking a loss overall. This strategy works best, obviously, when there are low interest rates.

Maybe you're a selling annuities professional and hopefully you've made it all the way to this point in the article. You may think you know all the ways to sell annuities but things are rapidly changing in marketing. You need to know about online marketing. The main points of online marketing to sell annuities are search engine optimization, pay per click search engines, directories and email lists. Concentrate on these aspects of online marketing and you'll sell more annuities.

For several reasons, people decide to sell their annuities. They go about it in a variety of ways without knowing the advantages and disadvantages of their method. Going to a company, selling to another investor or getting a loan for several popular ways. If you're a professional, you can maximize the power of the web. So now you know and now you should go get your payment.

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How To Sell An Annuity

What is an annuity? An annuity is a regular monthly income stream that a person receives after an initial investment of money. Answering the question, "What is an annuity?" is a lot more complicated, of course. Annuities can be very complex and come in many different forms, so it's important to learn all you can about them before purchasing and selling. As with everything in life, knowledge is power, so it pays to know more about annuities before you get involved. Once you've researched more about them, you can move forward with confidence and make decisions that will benefit you the most.

You must sell an annuity in order to receive a lump sum payment from it - this is the main reason why people sell annuities. Annuities are generally safe investments, but they don't have high returns, especially when compared to the alternatives. However, they make great short-term investments - it all depends on what you plan to get out of your investment strategy. Diversification is recommended for most people as a way to spread your assets around and reduce risk while increasing the potential for profit.

Oftentimes people sell annuity payments to make a large purchase. Instead of receiving monthly payments you get a full amount in one payment. This can be very helpful if you want to buy a home and finance a large down payment, or purchase a vacation property. The best way to sell an annuity is to find a reliable company to sell it for you. A large company makes annuity selling easier because they have the funds and the experience to make it happen. Of course, there are downsides to selling an annuity through a larger company - you have to pay a fee and you may not get as much for the annuity as you hoped.

You can sell annuity plans in another way, although this isn't the most popular choice - directly to someone wanting the annuity. Annuity selling through this method involves a lot of legalities in some cases but it's not impossible to do it on your own. There are many annuity selling opportunities online that can help you sell annuity plans quickly and easily.

There are other ways to sell annuities as well, such as exchanging for other annuities or using them as collateral for a loan. To sell annuity plans you can get rather creative. For example, annuity selling that involves an exchange could work like the following - swap out a smaller payment over a long time period for a larger payment over a shorter term. This is a good option if you can't sell the structured settlement for a lump sum. You can also make a full swap, if annuity selling doesn't work out for you. This involves exchanging with a company or individual for an annuity that may be easier for you to sell on your own.

Although the latter method charges more fees and takes longer for all the transactions to be processed, it can yield exactly the results you may be looking for. Using your structured settlement on a loan is not recommended, but if the interest rates are low and you're willing to go this route, it's a viable option. This method gives you a higher yield on your annuity and you get the lump sum to use as you please.

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Sell Structured Settlement Payments - When It's the Right Thing to Do

Sell Structured Settlement payments: When it's the right thing to do

"Sell structured settlement payments" - this phrase, by itself, may not mean much to the average person. But put them together into a statement like: "I plan to sell my structured settlement payments" - and they create a controversial, emotionally loaded topic.

There are many reasons not to sell structured settlement payments

There are many reasons not to sell structured settlement payments. But there are also many reasons when, give the individual's situation, it makes sense to sell structured a settlement annuity. Here are some common objections to that powerful phrase-sell structured settlement payments-and some circumstances when, even given the validity of the objection, it still can be smart to sell structured settlement payments.

Concern: Person does not want to damage total financial picture by removing a long-term, steady source of income.

Answer: If the annuitant will use the lump sum payment to invest in his or her income-producing future, such as for education or career training expenses or to start a business, it might be a smart decision to tap into the structured settlement. Each of these expenses-education, career training, business startup costs-should lead to a future stream of income that will replace the income lost as a result of the annuitant's decision to sell structured settlement payments,

Also, if the annuitant uses the cash from selling a structured settlement to build, purchase or improve a home, he or she is actually making an investment in his or her way of life, family stability, and emotional state that will ultimately improve his or her long-term, overall future and ability to earn an income. Think about how much better positioned the person will be to pursue and hold a stable career or job when he or she has the peace of mind of owning a home, for example.

Finally, if selling structured settlement payments for cash allows the injured person to avoid foreclosure, pay down a mortgage, or pay off credit card debt, then the loss of long-term payments will likely be offset by the benefit of financial and emotional stability. Imagine how much more confident and focused the person will be in jobs, interviews and any other situation with the knowledge that he or she is debt-free and in good financial condition.

Concern:
Might not get the most value for the settlement or might lose value by selling at today's rates rather than future rates.

Answer:
First, there are many issues to consider when making a decision to sell structured settlement payments-and not all of the issues are financial. One must also consider the emotional aspects as well. There are times when a financial loss is a small price to pay for reducing or eliminating the emotional stress and anxiety one might feel about being in debt. When one considers the original intent of the structured settlement-to provide financial and emotional peace of mind after an injury or crisis situation-sometimes selling some of the structured settlement payments is just a logical extension of its original purpose.

Second, if the annuitant uses the cash lump sum to pay off a debt with an exorbitant interest rate, finance charges, or late fees, such as credit card debt, even a discounted settlement payment will offset the high rates or fees on the debt. And the peace of mind of no longer being in debt or at risk of bankruptcy or foreclosure may allow the annuitant to move forward with smart plans for the future.

Concern:
Does the reason qualify as a good reason to sell structured settlement payments?

Answer:
Based on the transactions that have been approved by judges, there are a number of valid reasons for selling structured settlements: paying off or reducing debt (especially caused by a job loss), avoiding bankruptcy or foreclosure, taking care of healthcare and medical needs, paying for education or career training, providing for family, starting a well-planned business, paying for expenses related to a new or existing employment opportunity, or buying or renovating a home.

The list above is not complete of course-people have been approved to sell structured settlement payments to purchase a car to replace one that was constantly in need of expensive repairs, for example-so if the reason is practical and aimed at either reducing an expense or a debt or creating a new source of income or investment, it should be a good reason to sell structured settlement payments in the eyes of the legal system.

Concern:
Perhaps the individual should find another source of cash such as a bank loan or home equity line of credit.

Answer:
In today's tight financial market, even individuals with good credit may have a hard time getting a bank loan. And people with average or below average credit scores will find it nearly impossible to take out a loan. Besides, even if a bank would give out a loan, is now really the right time to add the unsettling feelings and stresses of increased debt to one's life?

As for a home equity line of credit, these days, when the value of one's home may be less than amount owed on the mortgage, it may not even be possible to get a home equity line of credit. And even if one is able to take out a home equity line of credit, when a person is coming from a place of insecure finances, it is scary and often risky to put one's home on the line as collateral for this type of loan. Besides, it is not the best idea to load one's home up with debt-even if the loan is at a lower rate as is often the case with home equity lines of credit.

Finally, if a person has access to cash from a structured settlement annuity to tie them over until a future source of income or job kicks in, there is a priceless emotional feeling of being free from debt-it is like being given a clean slate or second chance. And that sense of optimism and freedom provides the best frame of mind for the best chance of success when starting the first day of the rest of one's life-which of course is exactly the point of the structured settlement in the first place: to help the annuitant meet his or her needs while recovering from an injury or crisis.

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Where Do You Find a Reputable Annuity Payment Buyer?

Circumstances change; if you find yourself with an annuity that you no longer need, look to an annuity payment buyer for help. With his assistance, you won't have to wait until the end of your contract to receive your money.

Often, people buy annuity investments to help them in the future, as part of their retirement plan or to help their kids pay for college. They might also have one as part of a structured settlement set up as a resolution to an injury case. There are many different types of annuities but they all are similar in the way that they work.

An annuity is set up through an insurance agency. They use your money to buy safe investment instruments like bonds or mutual funds. Your money grows faster because an annuity isn't taxed until you start getting it back. Somewhere out in the future (at an agreed upon time) you start receiving an income from this annuity. Depending on the type of that was purchased, you will continue to receive this income until there are no longer funds in the account or until you die.

But, sometimes things change; you decide that you no longer need the annuity. Maybe your grandfather bought it for you because he wanted you to go college. But, college really isn't in your future; you want to tour Europe instead. Or, maybe after being retired for a month, you decide retirement isn't for you. Since you will be working, you no longer need the guaranteed payment from the annuity. A medical or family emergency may require immediate cash. You can not withdraw money from an annuity without serious penalty but you can sell all or part of it to an annuity payment buyer.

How do you find a buyer of annuity payment? There are plenty of resources online. You will find what you are looking for under the titles: buyer annuity payments or sell my annuities, and other related terms. Visit the sites that come up and gather all the information that you can. The company that you choose will purchase your annuity at a discounted rate. This is because the cash value of the annuity hasn't been realized yet. So, you want to be sure that get the best offer. Even at a discounted rate the lump sum payment that you receive can be worth more today then it would be at term. This is especially true if you are using it to reinvest in a higher yielding, financial instrument.

There are some things that are important to consider before selecting the company who will become your annuity payment buyer. Annuities are complex financial instruments; you want a buyer annuity payments company that has been in business a long time. One who understands the ins and outs of the tax questions that arise when an annuity is sold. You want to find a company skilled in customer service: one that takes the time to explain to you what to expect and is willing to answer all of your questions. After you have chosen the right company and have signed all the paperwork, you can expect to receive your lump sum cash payment in about 2-3 weeks.

If you have an annuity but you need cash, find a good annuity payment buyer today. You'll be glad you did!

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If This Describes You, Don't Cash out Your Annuity

There are companies that purchase future payments. Personal injury settlements are often structured to pay out over time. As are a portion of lottery wins, paid via an annuity over a period of 20 or more years. There are companies, under the authority of state and federal regulations, that will accelerate future payments and pay out a lump sum of cash now.

But, it is not the best choice for everyone. If any of the below are true about you, avoid selling.

· No pressing financial need or opportunity

· Under the age of 18

· Annuity is sole source of income

· Live in North Carolina

· Monthly payments less than $100

· Lump sum payment more than 7 years away

· Significant amounts owed in child support or back taxes

While this list isn't comprehensive, it does cover many of the usual reasons cases are not accepted or approved. This court ordered process has strict state and federal guidelines. Numerous attorneys, yours, the insurance company's, and the cash out company are involved and the entire transaction must be approved by a judge.

And as always, seek legal and financial counsel before making any significant decisions. There are several established companies with reputable service history and there are many more companies with less than clear intentions. Rule of thumb, avoid any company that tells you what you want to hear. This transaction will be expensive and closing times vary wildly by state and transaction.

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Want to Sell Your Annuity? Here's How

First of all, what is an annuity? An annuity is a form of structured settlement, where the owner of the annuity receives regular payments, most commonly resulting from some sort of court ordered judgment. Although this is the most common form of structured settlement, there are also lottery winnings, and seller financed mortgage notes that have the same qualities.

Why would anyone want to sell a virtually guaranteed income stream, and give up that cash flow? It could be that the income stream is set up to pay over a long period of time with relatively small payments. A person may need a larger lump sum of money to use for a down payment on a house. If that is what is needed, there are companies out there that specialize in paying a lump sum of cash for your income stream or annuity.

There are a couple of things to keep in mind when selling an annuity or other structured settlement. When an investor wants to buy your income stream, he is willing to give you cash which is less than the value of the total payments you are to receive over the life of the annuity. In other words, the total payments are discounted to what they are worth today by using the required rate of return, or interest rate, by the investor. This can be viewed as the interest rate it would take the lump sum to be invested at to get to the total of the payments at the end of the annuity.

You must realize that selling an annuity is a fairly complex legal process, not like selling a stock, and it can take up to 10 weeks to complete the transaction. There are rules and regulations surrounding the transfer of payments, and would be near impossible to transact without proper legal support. Choosing the right company to handle it is high on the priority list.

Another thing to do is to decide how much of the income stream you wish to sell. In most cases, you can choose to sell all or only part of your annuity. You may only need enough to buy a car, so the payments you agree to sell are transferred to the buyer and then the remainder revert back to you. Again, using an expert in this field would be wise.

Lastly, you should shop around for the best deal. Remember, when selling an annuity, a high interest rate to be used as the discount rate is worse than a lower rate. Essentially this is the rate of return the investor requires. The less he requires, the more money you receive in your lump sum distribution. Search on reputation, discount rate, and fees and

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