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
< Go Back Structured Settlement Guide For MarylandBelow is local Maryland information related to courts, and structured settlement topics. You may have to visit or phone call a local Maryland courthouse when working with your structured settlement.
Maryland Settlement News
Maryland City Court PagesClick to go to Site: Maryland Main Court Pages
Structured Settlement Maryland State Laws5-1102. Transfer of certain structured settlement payment rights. (a) In general.- A direct or indirect transfer of structured settlement payment rights to a transferee is effective as provided in this subtitle. (b) Payments to transferee authorized in certain circumstances.- A structured settlement obligor or annuity issuer may not make any payment directly or indirectly to a transferee of structured settlement payment rights unless the transfer is authorized in an order of a court based on a finding that: (1) The transfer is necessary, reasonable, or appropriate; (2) The transfer is not expected to subject the payee, the payee's dependents, or both, to undue or unreasonable financial hardship in the future; (3) The payee received independent professional advice regarding the legal, tax, and financial implications of the transfer; and (4) The transferee disclosed to the payee the discounted present value... * See more and actual structured settlement statutes at Maryland State government law site pages MD Help Sites Structured Settlement Related Issues
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