Have you ever been in a car accident and received a settlement from the person who hurt you? How about an accident at work or in a shopping center? If you have has some type of incident that left you with permanent harm you feel was caused by someone else’s negligence you may be eligible for a cash payments in the form of structured settlements. You can sell structured settlements for one lump sum of cash. The defendant in your case will most often purchase an annuity from a financial institution to provide the payments.

Cash for structured settlement payments can be very simple or very easy depending on your personal circumstances or financial agreement. They can come in one lump sum, several payments a year or monthly indexed amounts, just to name a few. Your personal financial situation will have a big determining factor on how you want that money paid.

Taxes are another reason you may choose to have structured settlement payments for cash. Getting smaller monthly payments in lieu of a big pay-off can save big money in taxes. Another thing to consider is what kind of spender you are. If you’re the type of person who would head to the Roulette tables with a large amount of cash for structured settlement payments then leave them as monthly installments.

On occasion, once you receive a structured settlement payment the terms no longer fit. You cannot change or modify these decisions. You can find a buyer of structured settlement annuity payments if your schedule isn’t functioning for you. Buyers will take the structured settlement and give you a lump sum in exchange, minus the charge they take for making the purchase.

It is a wise decision to have an experienced settlement lawyer and a tax attorney to advise you during the process. The in’s and out’s of structured settlement payments can be confusing and complicated even for the most savvy financier. Being prepared and informed makes the process more rewarding and much less confusing.

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The situation sounds crazy: a guy is offered the job of his dreams if he moves to a tiny backwater town in another state. The catch? He’s getting married and not only does she not have a job or job prospect in said tiny town, but she owns a house and needs to keep her current job to pay the mortgage. This is the limbo my friends have been in for two years. They finally married last spring, even though they still lived in separate states.

This month it finally happened. Her house sold. She’ll be quitting her job here, finally, and making the big move. They’ve been splitting their time on weekends and setting up a new “together” house in the new city all in preparation of this day. It’s going to be a big adjustment for her, but definitely worth it. It seems crazy that a slow housing market held them in limbo for such a long time.

There’s more to this happy ending. That project that he left town for two years ago was just nominated for an Oscar. True story! How is the housing market affecting you? What would you do if you were free to move? You could get cash for structured settlements if you sell structured settlements. What’s your next move?

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One should know that an annuity is a sum of money awarded to a person and is set aside to be paid out in one lump sum, at a later date. Usually a buyer of structured settlements annuity is also buyer of cash for structured settlement. A settlement is money that has been awarded and is paid out in monthly installments. Some people who are receiving cash for settlement payments or annuities for whatever reason, may desire to sell annuity payments for a one time lump sum. Out of the $120,000 example we posted in blog #3, the person will not end up with that amount of money, because every person that they have to go through will take a share of their profits for their services rendered. Depending on how many people one goes through will depend on how much money they are going to have to pay. It will benefit them to go through a funding group or bank and deal with them directly and eliminate all the middle men in their lump sum transaction. They no doubt would want to end up with as much cash for their structured settlement that they can possibly get. It only makes sense to sell their settlement to one entity.

Important to consider is that if the person has been awarded $120,000 they don’t have to sell the whole amount, they can sell as many payments as they would like. If the person needs $50,000 in a lump sum then they can sell the $50,000, leaving $70,000 for future settlement payments. No matter what company they decide to sell structured settlements, payments or annuity to, it will normally takes 5-8 weeks to receive the lump sum payment. It is a good idea to get several cash quotes from each company, in order to get the most cash out of your awarded amount. A person can make extra money from their annuity or settlement by reinvesting the funds so that their money works for them. The important thing to remember is to research all options.

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A person has realized a large settlement from a state lottery. They have won, after taxes $120,000 and will receive a scheduled payment of $2,500 a month for four years. They have $80,000 of debt that they would like to pay off in order to save the large amount of interest they are paying out monthly. The rest of the money, they plan on using for a vacation. They feel that they could do so much more if they were paid in one lump sum, rather then waiting the four years. They want to find someone or some financial institution that they can sell structured settlements to, in order to get their money in one lump sum. It would greatly benefit the seller to look around and research the market on what persons or institution they can contact, and receive a lump sum of cash for structured settlement payments. The person must compare the best price for their structured settlement, before they sell annuity payments. They must make sure that they will sell their settlement to a certified and reputable service lender or person before signing any papers.

It’s a good idea for them to get as many quotes as they can, and generally 4-5 or more quotes will give them a good idea of how much of their money they are willing to lose. It is more beneficial for the person selling their settlement payments to go through a company that has been in business for several years, has the Better Business Bureau seal, and has no complaints against them. One will need to find out how much their transaction will cost them, are there any hidden fees and how long will it take to receive their funds. The thing to remember is that the more people the seller goes through the more money they are going to lose, because everyone has to have their cut of profits. It is to the seller’s advantage to go though only one institution such as funding company or bank, because they are then dealing with one entity

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Why would someone or some institution want to be a buyer of structured settlement annuity? If an investor buys a structured annuity, paying the person one lump sum, they are in turn assured a steady stream of monthly income and will turn around and reinvest the funds to yield a better return on their investment. Most often a buyer of structured settlement annuity will often help out someone needing a one lump sum settlement payment. The person who will sell structured settlements must make sure that the person they are selling to is financially stable. Most of these structured settlements go through a life insurance company for a good many years, so the company or buyer will be able to count on a steady income for years. They are able to reinvest the income and make more money then they originally gave to the seller. Any person buying the structured settlement annuity, whether it is a private individual or a financial institution is aware of the fact that the money they paid out will not be returned in its entirety until the end of the settlement.

The way that this works is that the buyer of structured settlement annuity will set a buying price to the seller. The buyer gives cash for structured settlement, helping the person out of a financial bind. The buyer must calculate how much money the seller is going to receive total, then has the right to determine how much money they want to make and will subtract that amount from the lump sum the seller is going to get. For example, if the seller is going to receive $1,000 the buyer may offer the seller $800.00 in a lump sum. The buyer will, in the end realize a $200.00 profit. The person selling the settlement may need the cash immediately and will not mind taking a lesser amount, in order to take care of pressing financial need. In the end everyone is a winner. The seller gets their money immediately, and the buyer is assured ongoing monthly settlement payment for generally years.

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Mary is a 35 years old mother of two young girls. She has grown tired of her dead end receptionist job and wants more out of life. She wants to move up in the company to provide a better life for her family and to be a shining example to her daughters. Yet, she knows they only hire college grads for all other positions higher that hers. Mary looked into several of those adult education schools where you can continue to work and take classes. However, even with the loans and grants they help you get it was just too much out of her budget. Just as she was about to give up a co-worker tell her how to get cash for structured settlement disbursements.

Mary found out that she can sell structured settlements for the cash she needs to go back to college. So that is exactly what she did. She got the school loans and grants, sold her annuity payments to a buyer and enrolled into college. Mary finally feels like the shining example to her girls and is getting the education she needs to advance in her company. In fact, she has a standing offer for an office manager position once she graduates.

She is so thankful to her co-worker for telling her how easy was to sell annuity payments. The settlement Mary had was large enough to where she only needed to sell a portion of the payments to a reputable buyer to cover the additional schooling expenses outside the school loans and grants. Mary is on her way to a bright future thanks to the hassle-free cash she received from selling her structured settlement payments.

Fast-forward a few years down the road. Mary is well into her Office Manager position and she now supervises the receptionists, among others. Her life no longer feels stagnant since she graduated college with a degree; plus her daughters couldn’t be more proud of their mother if they tried.

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It’s Friday! That’s not subjective (a joke from my last post!). Here’s one last post to wrap up my thoughts on time and money. We all know more than a few sayings about these two things. Here are a few of my favorite truisms on this topic.

1. “Time is money.” Benjamin Franklin

2. “Being rich is having money; being wealthy is having time.” Margaret Bonnano

3. “Many people take no care of their money till they come nearly to the end of it, and others do just the same with their time.” Johann Wolfgang von Goethe

4. “Time is a waste of money.” Oscar Wilde

5. “Time is more valuable than money. You can get more money, but you cannot get more time.” John Rohn

You’ve probably heard most of these before. I threw in the Oscar Wilde quote for fun; so typically Wildian. What would you do if out of time and in need of money, now? Did you know you can sell structured settlements and get cash now instead of receiving your money over time? It’s like having your own time machine—and money machine. Talk to a buyer of structured settlement annuities about your options, today.

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This seems to be the time of year for making lists and looking back at the last year. While thinking back over the last year it might be helpful to group your reflections into three categories: personal, professional, and financial. How well did you meet your goals in these three areas? What were your major accomplishments? What were your small victories? What lessons did you learn?

Personally, it may have been a good year full of special moments and shared bonds or you may have felt alienated and lonely. What can you do to make this year different? Professionally, there may have been triumphs and low moments. Were you challenged or bored? What does 2012 have in store for you? Financially, did you feel secure among all the bad news? Did you have what you needed? How can you be better equipped this year?

One way that you can take control of your financial future is to talk to a structured settlement buyer about how to sell structured settlements. Remember you’re in charge of your future.

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In addition to the usual New Year’s resolutions, you may be thinking that this is the year to change your luck with money. What would you like to happen in 2012 and what can you do to get there? Here are a few steps you could take.

1. Know what you have. Have you taken an inventory of all of your financial resources? Accounts, annuities, IRAs, stocks, CDs, and property?

2. Know what you don’t have. Tally your debt. Student loans, car loans, credit cards, mortgages, and property? How much do you owe all together?

3. Check your insurance. Do you have enough insurance? Life, property, auto? Are you paying too much? Are you covered well enough?

4. File your taxes early. Even if you think you owe, it’s better to know what to expect than to pay penalties to put it off.

5. If you have the means to pay off debt and not do significant harm to your long-term savings, do it now. Not only will you improve your situation, but you’ll feel better.

If you have an annuity, talk to a structured settlement buyer about your options to sell structured settlements. You can get cash now instead of payments spread out over time. It’s your money to use.

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Last week I revealed my top three resolutions and what I’m doing to make those happen. Here are a few more things I’d like to do this coming year, presenting #4-6.

4. Be a traveler. We’ve taken three trips to see family since our baby was born. I’d like for us to try traveling somewhere for fun as a family, even if it’s really close. In fact, I’ll settle for a day trip.

5. Be outside. I want to spend more time outside at parks, on walks, in the backyard, and more. I’d like to try new parks and nature trails and I want to share these with my baby.

6. Learn to cook something new. This is the tough one. My cooking is very limited. It’s about time I try to expand my options. How about conquering pizza dough and trying new topping combinations? That sounds pretty easy, right?

I like these resolutions because they are all totally doable. I can see myself accomplishing each of these challenges. In the same way, I can realize my goal to raise more money now if I sell structured settlements. Talk to a buyer of structured settlement annuities and start crossing things off your list.

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