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Structured Settlements Information |
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Cash For Structured Settlements - The Smart Way
For most people when they buy a house it is considered their life's largest deal. In some cases of structured settlements the compensation and financial considerations for a persons life duration and the total present value of the settlement can reach few millions of dollars. Therefore it is strongly advised to use professional services like annuity consultant and a lawyer specialized in this field in order for you to avoid painful costly mistakes. Here are some tips: - Think twice before you make a decision. Do you really need that money or you want to feel rich, secure, powerful etc' - Take only part of the money not all of it, in case of an injury claimthe Court needs to approve your request, the judge will want toknow what do you need the money for. - Some Funds will try to convince you that due to Inflation and risingcost of living your annuity payments have less and less buying power over time. Remember that if the Structured settlement was done properly it has a cost-of-living adjustment (COLA) featurebuild into it in order to offset the effects of inflation over time.So the funds claim on this issue is only partially true as the cost ofliving index is an artificial and biased measure of the actual inflationover time. Still even 70% protection is reasonable. - When you get a large sum of money take into account that eachbank is F.D.I.C. insured for up to $ 100,000 only! That means thatif your sum of money is bigger than that you will need to openadditional Account/s in a different bank/s in order to be covered.In addition take into account that as long as you deposit your moneyin C.D's (e.g. Certificate of Deposit) you are covered, but if youinvest your money In fixed income, stocks, bonds, and mutual funds.These securities are NOT F.D.I.C. insured! - In case you transform Lottery winnings payments or a large sum ofmoney from structured settlement, keep it as discrete as you can,It is not recommended to go and buy a Rolls-Roys or any other flashycar, that will bring the criminals and the charity people to chase you.That might even cause your children start to ask for money.Try to keep it a secret. - It is a good Idea to get more than one or two offers from variousprivate funds before making a decision, remember you are a verylucrative customer, the funds should fight over you! Don't be timidto negotiate and manipulate them to maximize your money.One of the best and most reputable Funds I know with excellentfast customer service is Sovreign-Funding, You can find there usefulinformation, Fill out their short form and you will get an offer fromthem with no obligation on your part. - One last piece of advice, there is a new ebook you can downloadimmediately, It is called "Annuities: The shocking secrets revealed"written by Tony Bahu CEO of AnnuityMD.com, It is a $97 book but itis a very small investment considering how much money it can saveyou. You can see it here: The shocking secrets MBA - International Trade & Finance - Heriot-Watt University. Bsc. Computers and Information Systems - Long Island University - C.W Post Campus. Married with two Children. http://annuity-structured-settlements.blogspot.com/
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What is a Structured Settlement A Structured Settlement is an agreement between a personal injury victim ( a Plaintiff ) and an Insurance company ( the Defendant )to compensate the Plaintiff by the defendant with long term periodicpayments instead of a single cash lump sum.Payments can be tailored to each individual plaintiffs needs, to help meet expenses such as on-going medical and living expenses, education, children needs & support etc' The fixed annuity payments are tax-free to the claimant, a cost-of-living adjustment (COLA) feature is available, that can help offset the effects of inflation over time, payments can continue as long as the claimant lives thus providing him the maximum benefits. Structured Settlements Offer Advantages over Lump-Sum Payments A structured settlement, which offers injury victims cash payments through a long-term annuity as compensation for their damages and medical expenses, offer a number of possible advantages over payment in a lump sum. While the lump sum payment is the traditional way for responsible parties to pay accident claims, the structured settlement offers payments over the span of an agreed-upon period of time. The Target Capital Structure Firms can choose whatever mix of debt and equity they desire to finance their assets, subject to the willingness of investors to provide such funds. And, as we shall see, there exist many different mixes of debt and equity, or capital structures - in some firms, such as Chrysler Corporation, debt accounts for more than 70 percent of the financing, while other firms, such as Microsoft, have little or no debt. Structured Settlements Are Like Ants Ants are powerful creatures. The powerful ant legs are able to lift 20 times their body weight, and run the equivalent of a man running as fast as a racehorse. If This Describes You, Dont Cash out Your Annuity There are companies that purchase future payments. Personal injury settlements are often structured to pay out over time. 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Lucky Have you ever looked around and wondered how everyone is buying houses? Are they really doing that much better than you are? Maybe. Maybe not. Options for Lawsuit Settlement Winners Receiving Periodic Payments On January 22,2002, President George W. Bush signed into law a bill that protects individuals who must sell their structured settlement payments to meet unplanned financial needs. Structured Settlement - Guaranteed Income for those with Disabilities Up until twenty years ago, anyone who won a lawsuit as a result of a claim involving worker's compensation, wrongful death or accident had to accept a lump sum payment as their compensation. The payment would be intended to be invested, with the beneficiary living off of the proceeds for as long as their recovery was expected to take.
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