How To Find Good Structured Settlement Companies Who Can Buy An Annuity From You

Structured settlement companies can give you the chance to convert your annuity which pays you regular sums of money into a one-off lump sum payment. The reasons for wanting to do this are many and varied, but please make sure you have thought this through thoroughly before you act. The choice, once made, is irreversible, and the consequences of making the wrong choice could be severe. Be sure also that there are not other, safer options available before you make the final choice.

Many annuities are awarded by the courts at what is inevitably a time of great stress and uncertainty. If you have been injured as a result of an accident in the workplace, or because of medical malpractice, then you will have enough to deal with without the extra worry of selling your annuity. Whatever you do, don't allow the situation to panic you into making choices you may later regret. There is nothing wrong with finding a company to buy an annuity, but it must be done for the right reasons.

The courts who award long term payments do so in the belief that it is in the best interests of the recipient. In many cases, that is exactly what it is. However, there are cases where the recipient of an award is severely disadvantaged by this. The most obvious example of this is someone who can no longer work at their previous job, and who would like to use the money they have been awarded to start a new business. They may even have been trying to borrow money to finance the business before the accident occurred.

Another very strong reason for finding someone to buy an annuity is if you are looking to invest in real estate. Real estate has traditionally been the best investment over time, and it provides something which everyone needs anyway. There is a strong case for accessing the full amount of any sizable award straight away and investing in the property market. You could buy a property for yourself, and another one to rent out for ongoing income, or you could just let part of your main home. Even if you don't intend to let any of your property, it can be a useful fall back position should you suddenly need extra income.

Structured settlement companies can give you the lump sum you need, but it is important to do your research in advance and choose wisely. This is a highly regulated industry and horror stories are relatively rare, but it is still wise to get to know the company who will buy an annuity from you as well as you can. Get several opinions and always compare terms. Have a lawyer check out the contacts for hidden clauses. Weed out any who are not completely up front about all terms, and then choose from the best of the genuine structured settlement companies.






 

Annuities News:

 

EPS Settlements Group Rebrands as Arcadia - Insurance Journal

EPS Settlements Group Rebrands as Arcadia
Insurance Journal
Arcadia developed structured settlements to address people's long-term needs using periodic payments. Sullivan is chairman of Gerald J. Sullivan & Associates, the focus company for all members of The Sullivan Group. Arcadia is a Greek word meaning an .

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Attorney General's office and attorneys spar over settlement for lead paint victims - Baltimore Sun

Baltimore Sun

Attorney General's office and attorneys spar over settlement for lead paint victims
Baltimore Sun
The Maryland attorney general's office is seeking to block a settlement for lead-paint victims who sold off their structured settlements for pennies on the dollar, arguing they are entitled to far more restitution. The attorney general's office and .

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Custom Structured Settlements Helps Client Avoid Substantial Tax Bill - Broadway World

Broadway World

Custom Structured Settlements Helps Client Avoid Substantial Tax Bill
Broadway World
Custom Structured Settlements Helps Client Avoid Substantial Tax Bill Custom Structured Settlements, LLC recently helped a customer, aka EURœHopson (name changed due to confidentiality),EUR turn $27,000 into $400,000 in seven days. Hopson was about to owe .

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Asta Funding, Inc. (NASDAQ:ASFI) Trading Volume Significantly Lower - Highlight Press

Asta Funding, Inc. (NASDAQ:ASFI) Trading Volume Significantly Lower
Highlight Press
The Company operates through four segments: Consumer Receivables, Personal Injury Claims, Structured Settlements and GAR Disability Advocates. The Consumer receivables segment is involved in the business of purchasing, managing for its own .

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EPS Settlements Group Rebranded Arcadia as Firm Positions for Growth - WorkersCompensation.com (press release)

EPS Settlements Group Rebranded Arcadia as Firm Positions for Growth
WorkersCompensation.com (press release)
Arcadia developed structured settlements to address people's long-term needs using periodic payments. Arcadia is a Greek word meaning an ideal setting in harmony with nature. It connotes a place of shelter where people find peace, security, resolution .

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Novation Settlement Solutions Makes Top 100 Best Companies List - PR Web (press release)

PR Web (press release)

Novation Settlement Solutions Makes Top 100 Best Companies List
PR Web (press release)
Leading structured settlement purchaser Novation Settlement Solutions was recently named as one of Florida's Best Companies To Work For by Florida Trend .

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EPS Settlements Group rebranded as Arcadia - PR Newswire (press release)

EPS Settlements Group rebranded as Arcadia
PR Newswire (press release)
The company has a rich history as the first structured settlements firm in the world. In more than 45 years in business, Arcadia has helped settle over 325,000 claims involving structured settlement funding of over $40 billion. Arcadia has more than .

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