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A Structured Settlement May Be What You Need
A structured settlement is usually an annuity set up for
recipients of a financial award, normally due to litigation
involving an injury or accident. If you are receiving periodic
payments from a structured settlement or annuity, you may...
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Structured Settlements 101: How Structured Settlements Work
You have probably heard the term “Structured Settlement” on a television or print ad and wondered what it meant. After all, the term is not a part of our everyday lexicon. A structured settlement is a contract under which an insurance company...
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When to Choose a Cash Payout for Your Structured Settlement
Structured settlements have been a popular choice for many
claimants. Be it for a settled lawsuit or damage claims or maybe
for policy payments for a life insurance policy.
Structured settlements allow for a structured payment of a
settlement to be made on an annuity system. Payments are made
over time. This makes a difference in the total amount paid
because of interest earned which results in a larger payout than
a lump sum payment.
There are many forms of structured settlements. This may be
discussed between the payer and the payee. These structured
settlements cover the agreed upon payment and the period and
manner in which payments are going to be done.
The decision mainly comes from the beneficiary or those with a
claim. They can structure the payments in a manner that is
beneficial for them. The other party mostly agrees with
structured settlements over lump sum because they don't need to
shell out the whole amount in one time.
While many prefer structured settlements over lump sum payments,
there comes a time when a claimant may need a large sum of
money. It could be any situation. He wants to enjoy the money
now because of any reason. He wants to buy something, he wants
to move and he wants the money to start over. It doesn't matter
what the reason is, a person may opt to cash out his or her
structured settlement anytime he wants to.
So if you have a structured cash settlement and you need cash
right now, you may just opt for choosing a cash lump sum payout
instead of payments over time. If you do want a lump sum payment
for your structured payment for any reason at all, there are
tons of advance payment institutions that would love to help you
out.
You have to understand though that these financial institutions
are doing business. They will want to make a profit from the
deals they make, so when they provide a lump sum payment or a
cash payout for structured settlement you will receive a smaller
amount than you would have received over time with your original
structured settlement.
You
should consult with an attorney or a financial adviser
before making any decisions. While a cash out seem enticing
because of the lump sum payment, it my not be in your best
interest.
Always use common sense when doing deals with your money and
your future. Also, try to remember why you selected a structured
settlement in the first place. Structured settlements are
designed to protect the claimants. They can budget their money
and not blow it all in a month or two.
Try to remember also that a cash payout for structured
settlement may have legal restrictions in many states. Again,
you should learn about your rights and any unforeseen
consequences before making a decision.
There are times of course when you really need the money for an
emergency, and this is where a cash payout for structured
settlement comes in very handy. The companies that deal with
this business are the ones you need to go to. There are many
companies online that take only a small percentage of your
structured settlement as their payment. The prices vary
depending on the value of the settlement and the form of the
structured settlement. Many online website helps you to look for
these kinds of companies and get you a good deal.
It is wise to do lots of research before you do anything with
your structured settlements. Try to find reputable companies
that have lots of experiences with cash payout for structured
settlement. Learn about all the fees involved and any other
requirements needed to make a cash payout for structured
settlement. It would be wise to come prepared when you are
actually going to be dealing with these companies.
Have a lawyer or a financial expert look over any contracts or
any paperwork to ensure your security and so that you don't get
bamboozled. You are entitled to your structured settlement. Be
careful not to let it go down the drain.
About the author:
Learn your options at the Structured Settlement
Knowledge Base Website so you can make an informed decision.
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| National Structured Settlements Trade Association (NSSTA) |
| Provides structured settlements using periodic payments to resolve claims. |
| www.nssta.com |
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| Structured Settlements |
| Setting up structured settlements for personal injury claims. |
| ilf.hartfordlife.com |
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| Structured Settlements, Structured Annuity, Structured Settlement ... |
| Full-service plaintiff structured settlement firm since 1986, providing services and strategies for personal injury lawyers and clients during the ... |
| www.structuredsettlements.org |
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| Structured Settlements | Annuity Purchasers |
| Structured Settlement Buyers. Purchasers specializing in structured settlements and lottery winnings. Site contains attorney, broker and investor ... |
| www.ppicash.com |
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| Structured Settlement Cash for Structured Settlement Annuity ... |
| Annuity Transfers Homepage - Buyer of Structured Settlements · Home | Sell Your Payments | Brokers | Investors | Testimonials ... |
| www.annuitytransfers.com |
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| EPS Structured Settlements Group: A Structured Settlements Company ... |
| EPS Settlements Group is located in Denver, Colorado and is a founder of the structured settlements industry. |
| www.epssettlements.com |
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| Mckellar :: Structured Settlements |
| News. ... Skip Intro Always >> |
| www.mckellar.com |
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| The Structured Settlement - What You Need To Know |
| About two thirds of states have enacted laws which restict the sale of structured settlements, and tax-free structured settlements are also subject to ... |
| www.expertlaw.com |
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| Settlement Capital Corporation - sell structured settlements,sell ... |
| Direct purchaser of structured settlements and other annuities. |
| www.setcap.com |
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| John Hancock Insurance and Financial Services :: Explore Our ... |
| A structured settlements annuity provides injury victims or the victim's ... John Hancock Structured Settlements and Attorney Fee Annuities are just two ... |
| www.johnhancock.com |
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| Structured Settlements - Prudential Financial |
| Your company may become liable to pay a settlement as the result of a legal proceeding. A Structured Settlement Annuity provides ongoing periodic payments ... |
| www.prudential.com |
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| Finance - Structured-Settlements Ezine Articles |
| EzineArticles.com allows ezine or email list publishers to upload or download free expert content that can be used within email newsletters or websites. |
| ezinearticles.com |
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| Understanding Structured Settlements: A Novice's Guide to the ... |
| Learn what a Structured Settlement is in plain English. Find Structured Settlements company, payments, broker, annuity and loan info. |
| www.noendpress.com |
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| structured settlements, personal injury, annuity, disability, accident |
| Structured Settlements allow income to be spread over time, which is safer ... Structured settlements are often ideal under the following circumstances: ... |
| www.structuredsettlementhelp.com |
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| Structured settlement - Wikipedia, the free encyclopedia |
| Structured settlements were first utilized in Canada and the United States ... Structured settlements are now part of the statutory tort law of several ... |
| en.wikipedia.org |
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| Structured Settlement vs. Lump sum - What to do? |
| More and more claimants are choosing structured settlements. ... Most structured settlements come in the form of an annuity, which is sold by a third party, ... |
| injury.freeadvice.com |
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| Welcome to The Halpern Group, experts in structured settlements ... |
| Offers structured settlements, consulting and negotiation services to attorneys representing injured clients. |
| www.halperngroup.com |
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| Structured Settlements Leader J.G. Wentworth, JG Wentworth ... |
| Structured Settlements Leader JG Wentworth, JG Wentworth Settlement Funding - More than 25000 individuals have come to JG Wentworth to finance their dreams ... |
| www.jgwfunding.com |
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| DOG BITE LAW - Structured Settlements |
| For those reasons, changes were made to the Internal Revenue Code that enable knowledgeable attorneys to create "structured settlements." ... |
| www.dogbitelaw.com |
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| Structured Settlements Law – Lawyers, Attorneys & Free Legal ... |
| I am confused by the number of internet sites that plug offers of structured settlements, sale of structured settlement annuities, and attorneys who offer ... |
| injury-law.freeadvice.com |
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