Structured settlements provide money over time. These include lottery winnings, pensions, or some other kind. Structured settlement payments are used more frequently today because they offer substantial benefits to everyone involved in the structured settlement agreement. Victims are offered tax-free payments and the offender is let off once there is a structured settlement agreement. You can sell structured settlements to businesses who will pay you a lump sump and accept gradual payments over time is a possibility. Families can pay bills now by having the full payments rather than waiting for installments.
The advantage of selling to a buyer of annuity structured settlement is that money is immediately available. These funds can be used to pay bills, buy a house, send your children to school, start a business, or for emergencies. Nonetheless, this cash flow can give security to retirees. This money is tax-free and any investments made with a cash settlement may not be. If you choose to sell structured settlement it is possible to lose half of what it is worth.
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Monday, September 28, 2009
Tuesday, September 15, 2009
A Reputable Buyer of Structured Annuity Offers Protection
There are some shady characters out there and some shady companies to go along with them. When it comes to anything to do with your money, it is imperative to be on alert at all times and to make those decisions that will allow you to protect yourself at all costs. People will sell you anything to make a buck and it is always buyer beware; it is incumbent upon us as consumers to educate ourselves most thoroughly so that we can make the best decisions we can.
This is the philosophy I clung to when choosing a buyer of structured settlement annuity. I had been receiving payments from a structured settlement for some time after I was awarded money from an accident. The money was put into an annuity and that was how the money was dispersed – through payments that came to me once a month. For as long as I have had the structured settlement it has worked very well for me – I have really counted on the payments. But now I have reached a point in my life when I could really use a lump sum of money and the only way to do that with a structured settlement is to sell annuity payments.
When you sell annuity payments you are trading in future payments for their current cash value and the entity that leads the transaction is the buyer of structured settlement annuity payments. Obviously, as with anything else that has to do with your money, selling annuity payments should not be done without fully educating yourself about the process. But one of the best ways to protect yourself is to choose a buyer of structured settlement annuity that is experienced, professional, and has a solid reputation in the industry. Do the process justice by finding the best out there in terms of experience and reputation; you will have the peace of mind that you are being guided well.
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This is the philosophy I clung to when choosing a buyer of structured settlement annuity. I had been receiving payments from a structured settlement for some time after I was awarded money from an accident. The money was put into an annuity and that was how the money was dispersed – through payments that came to me once a month. For as long as I have had the structured settlement it has worked very well for me – I have really counted on the payments. But now I have reached a point in my life when I could really use a lump sum of money and the only way to do that with a structured settlement is to sell annuity payments.
When you sell annuity payments you are trading in future payments for their current cash value and the entity that leads the transaction is the buyer of structured settlement annuity payments. Obviously, as with anything else that has to do with your money, selling annuity payments should not be done without fully educating yourself about the process. But one of the best ways to protect yourself is to choose a buyer of structured settlement annuity that is experienced, professional, and has a solid reputation in the industry. Do the process justice by finding the best out there in terms of experience and reputation; you will have the peace of mind that you are being guided well.
Source
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