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 WyomingBelow is local Wyoming information related to courts, and structured settlement topics. You may have to visit or phone call a local Wyoming courthouse when working with your structured settlement.
Wyoming Settlement News
Wyoming City Court PagesClick to go to Site: Wyoming Main Court Pages
Structured Settlement Wyoming State Laws1-16-604. Approval of transfers of structured 8 settlement payment rights. 9 10 (a) No direct or indirect transfer of structured 11 settlement payment rights shall be effective and no 12 structured settlement obligor or annuity issuer shall be 13 required to make any payment directly or indirectly to any 14 transferee of structured settlement payment rights unless 15 the transfer has been approved in advance in a final court 16 order based on express findings by the court that: 17 18 (i) The transfer is in the best interest of the 19 payee, taking into account the welfare and support of the 20 payee's dependents; 21 22 (ii) The payee has been advised in writing by 23 the transferee to seek independent professional advice 2006 STATE OF WYOMING 06LSO-0427 10 SF0099 1 regarding the transfer and has either received such advice 2 or knowingly waived such advice in writing; and 3 4 (iii) The transfer does not contravene any 5 applicable statute or the order of any court or other 6 government authority. * See more and actual structured settlement statutes at Wyoming State government law site pages WY Help Sites Structured Settlement Related Issues
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