Taking Time to Sell Annuity Payments, Part I
- This was posted on June 18, 2009
With so much to do on a daily basis I have a never ending “to do” list that just won’t quit. No matter how much I think I am accomplishing day to day the list only seems to grow and grow and I am left wondering if I will ever be on the winning side of my day. Trapped in this kind of chaos even the simplest of activities seem difficult. This was what I thought of when I thought of going through the process to sell annuity payments.
The structured settlement that I had received several years ago had become a part of my life in the sense that the payments made from the annuity showed up every month. I was accustomed to this extra income stream – something that first began when I was awarded the structured settlement in a personal injury case settlement. The money that I was awarded was put into an annuity and I was told that I would receive it in equal installments; and I did every month. I had come to rely upon it but over the years I also recognized that I could so much more with the money as a lump sum – even if not in its entirety, at least several of the payments all at once.
I knew that the option was there to sell annuity payments but I could just not bring myself around to looking into it further. I just honestly thought that the whole thing would be a nightmare and I didn’t want to commit the time that I thought it would take to really explore the process. Had I only briefly looked into it I would have discovered how simple the process was and how easily I could work with a buyer of structured settlement annuity payments to make the deal happen. In the next post I’ll talk about how I found a buyer of structured settlement annuity payments and how I went about the process to sell annuity payments.
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