Required Reading

Structured News

All Structured News >

 

Structured Settlement Federal Tax Info Links

Did You Know?

Money in the future is worth less than money today.

To think of it in simple terms, if you loaned a person $1000 today and they said they would return the $1000 in 10 years. You lose all the value of today's money and future interest if you invested the $1000 in your savings account over the same 10 years. Also inflation and prices of almost everything increases in 10 years. There is also the risk if the person will pay it back and on time.

So you would not be able to buy as much with that $1000 that would be returned in 10 years. So $25,000 paid in 50 payments of $500 per month for next 4 years, may be worth today $18,506.44 +- or less. There is also the un measurable factor of  "Needing a large amount of money now". To get super technical if your up for it you can read an economics presentation outline from the University of Wisconsin with examples of present value and the value of money. Read More >

Do you have a structured settlement? Are you set to receive future payments for a lawsuit settlement? If so, you may be able to sell your future payments and get a large amount of cash for the payments. Get started >

Sell Your Future Settlement Payments For CASH



< Go Back

Structured Settlement Guide For Alaska

Below is local Alaska information related to courts, and structured settlement topics. You may have to visit or phone call a local Alaska courthouse when working with your structured settlement.

Alaska Settlement News

- No current AK settlement news at this moment, please check back.

Submit a news story from the web or your own settlement story:

Name:  
Email:  
Story or URL web link to story:
 

Alaska City Court Pages

Click to go to Site: Alaska Main Court Pages
Click to go to Site: Alaska City & County Courts
Click to go to Site: Appellate Courts of AK
Click to go to Site: AK Anchorage Superior Court

The following Alaska cities have court information at above links:

  • Anchorage
  • Juneau
  • Fairbanks
  • College
  • Sitka
  • Ketchikan
  • Knik-Fairview
  • Kenai Lakes
  • Kodiak

Structured Settlement Alaska State Laws

Sec. 09.68.200. Conditions to transfers of structured settlement payment rights and structured settlement agreements. (a) A transfer of structured settlement payment rights is not effective and a structured settlement obligor or annuity issuer is not required to make a payment directly or indirectly to a transferee of structured settlement payment rights unless the transfer has been approved by a superior court based on the court's written express findings that (1) the structured settlement arose from an action filed in Alaska or that could have been filed in Alaska, or the payee of the structured settlement is domiciled in Alaska; (2) the transfer complies with the requirements of AS 09.68.200 - 09.68.230, other applicable state and federal law, and the orders of any court; (3) not less than 10 days before the date on which the payee first incurred an obligation with respect to the transfer, the payee has received by certified mail, return receipt requested, or other means that provide a comparable record of delivery, a disclosure statement in bold type, no smaller than 14 points, specifying (A) the amounts and due dates of the structured settlement payments to be transferred; (B) the aggregate amount of the payments; (C) the discounted present value of the payments, together with the discount rate used in determining the discounted present value; (D) the gross amount payable to the payee in exchange for the payments; (E) an itemized listing of all broker's commissions, service charges, application fees, processing fees, closing costs, filing fees, referral fees, administrative fees, legal fees, notary fees, and other commissions, fees, costs, expenses, and charges payable by the payee or deductible from the gross amount otherwise payable to the payee; (F) the net amount payable to the payee after deduction of all commissions, fees, costs, expenses, and charges described in (E) of this paragraph; (G) the quotient, expressed as a percentage, obtained by dividing the net payment amount by the discounted present value of the payments; and (H) the amount of any penalty and the aggregate amount of any liquidated damages, including penalties, payable by the payee in the event of a breach of the transfer agreement by the payee;

* See more and actual structured settlement statutes at Alaska State government law site pages

AK Help Sites Structured Settlement Related Issues