Required Reading
- Disadvantages Of Keeping a Structured Settlement
- Get Cash For Structured Settlements
- FAQ's On Structured Settlements
- Structured Settlement Present Value
- Settlement Phrases To Know
Structured News
Structured Settlement Federal Tax Info Links
- IRS Structured Settlement Factoring Article
- IRS Tax Reported on: For transactions that do not meet the conditions for exemption
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
Answers Guide - Frequently Asked Questions
Structured Settlement Funds Frequently Asked Questions FAQs
Structured settlements and the decision to get a lump sum funds or cash now can be a difficult choice and may be complicated to many. Hopefully some of the questions and answers on this page related to structured settlement funds will answer your questions or concerns. The laws can be intimidating and websites can be confusing about structured settlements. After reading the questions and answers below, be sure to contact a structured settlement funds professional to further answer any doubts or questions you may still have.
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 >
FAQs
Q. If I decide to exchange some of my structured settlement payments for cash now how long does it take to get money?
A. It depends on the state laws, the court’s caseload, the judge, and other factors but time ranges from 30 – 90 days on average. But now is the time to start.
Q. Do I have to get permission from the insurance company or the issuer of the structured settlement annuity?
A. No, It is up to you, the purchaser and judge to decide on the sale of payments for cash. The judge will decide if your case is within the guidelines, the cash amount requested is of proper need, and if the transaction is in your best interest.
Q. Why would I or anyone want to sell my periodic annuity settlement payments?
A. It may be that you or a person receiving the periodic settlement payments may need cash now to pay medical bills, education expenses, or to start/fund an existing business. There could be a need for money now to take care of housing or family bills and it may not be in your best interest to wait or lose an opportunity.
Q. Can I sell a small range of payments instead of the entire structured settlement? I only need $40,000 cash now and not the entire settlement amount that the court awarded.
A. Yes, you can sell portions of your settlement or the entire settlement. You should sell only what you need now, and you should have good reasons for the use of the funds. The company that wants to buy your future payments will help you get the information you need on this transaction.
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 >
