Structured settlements are funded by annuities. These single premium annuities are purchased to provide a predetermined cash payment stream to the payee. These annuities have similarities to investment annuities in that they are typically backed by an insurance company and provide for a long term payment stream.
In order to sell an annuity settlement, often you must receive judicial approval. If you are the recipient of an income stream you must determine whether the asset for the cash flow is an investment annuity or a structured settlement annuity.
Why wait for your annuity settlement money? Why settle for the restrictions imposed by your deferred payment schedule? We’re SettlementToCash.com and we specialize in the purchase of annuities and future installment payments from structured settlements. Request a Free Quote to have us purchase your settlement payments today.
We can individually tailor your deal and purchase your future annuity or settlement payments with:
One lump sum, cash payout
Or a comfortable series of cash payments
If you prefer an alternative to the purchase of your structured annuity, we also offer a more flexible deferred payment plan for your settlement payments.
When Should I Use A Structured Settlement?
Fixed annuities and structured settlements have been successful as a means to settle damage liabilities in numerous circumstances - some of which include:
Personal Injury or Physical Injury: In example, if you were injured in a car accident, received a physical injury or suffered from medical malpractice. Your structured settlement compensation can be in the form of a fixed annuity payment.
Worker's Compensation: If you have a claim because your were injured on the job or have a job related physical injury directly related to employment. A structured settlement agreement can help you receive the monies you are due and make it easier for your employer to make the liability payments.
Environmental Claims: If you have been exposed to toxic spills, illegal pollutants or the subsequent clean up efforts of the environmental hazard. Frequently structured settlements can be used for those injured, or even in a class action settlement.
Attorney Fees: If you may need to structure attorney fees regardless of any other structuring in the clients case.
What Are Some Of The Reasons A Structured Settlement Will Work For My Case?
Through negotiations, a structured settlement will listen to and incorporate the needs of all parties involved.
Through the use of a structured settlement negative externalities are often eliminated, resulting in a maximum benefit for the plaintiff and a quick settlement with low litigation costs for the defendant.
Also, because fixed annuity payments are income tax-free to the plaintiff, there are desirable tax benefits associated with structured settlements. For the defendant, liability can often be removed from the books.
in many cases it is also preferable and beneficial to the plaintiff to obtain a guaranteed payment stream as opposed to a lump sum.
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