The Benefits of Structured Settlement Annuity Payments

The Benefits of Structured Settlement Annuity Payments

Getting injured in an accident or becoming disabled due to medical malpractice can ruin your life and the lives of your loved ones. But if you have taken it to court and won your case then there is hope. This hope comes in the form of structured settlement annuity payments. Read on to discover a little more about this type of payment structure and how it will benefit you and your family.

Structured settlement annuity payments are the payments that you will receive after you win a lawsuit. These annuities are an alternative to getting a one time lump sum from your settlement.

So why are structured settlement annuity payments better than a single lump sum? The reasons can be as diverse as the person receiving them. Let’s look at a few of the benefits of structured payments.

1. Structured settlement annuity payments will allow you to have income over a lifetime. You will be guaranteed a monthly or yearly check for the duration of your life.

2. These payments can be used for living expenses, medical bills or medical equipment, education or however else that you see fit.

3. A structured settlement payment plan will prevent you from spending your whole settlement in just a few short years. Unfortunately, a lot of people have no constraint when it comes to spending, so a payment plan will do away with the temptation to spend your money foolishly.

4. A payment plan also deters friends and relatives from asking for a loan or a handout. It is amazing how many friends you will discover when you come into some money.

5. Money received from structured settlement annuities are not taxable. This simply means that this is not considered income and will not be taxed at the end of the year.

6. If the recipient of a structured settlement is already receiving social security, the income generated from these payments will not affect your social security benefits. Social security cannot decrease your benefits because you are receiving structured settlement payments.

7. Structured settlement payments can be customized on a yearly basis to factor in for cost of living or additional expenses that may become apparent. That means that you can request that your payment amount be raised.

8. Structured settlements are protected from creditors and divorce. You cannot lose any amount of your settlement to a creditor that sues you or to your spouse in a divorce proceeding.

So if you are injured and have won the case, your attorney may talk to you about structured settlement annuity payments. Listen to his advice and the advice of a good financial advisor. A structured settlement may be the best way for you to receive your payments.

Structured Settlement Broker

The Importance of Choosing a Good Structured Settlement Broker

If you have won an case where you were awarded a large sum of money, you may be offered the money in payments over a specific period of time. This is called a structured settlement. This type of payment system will provide you with a guaranteed income on a regular basis until the whole settlement is paid. But for this whole process to work properly, you need the services of an experienced structured settlement broker.

It is the job of the structured settlement broker to help the parties understand the costs involved and to come up with a proper financial analysis. An experienced structured settlement broker will be able to develop the best payment plan that will best benefit the recipient.

A structured settlement is paid out by annuities that are backed by a life insurance company. These annuities can be paid in several different ways. The payee may choose to get a partial lump sum initially and then receive payments on a monthly basis, a quarterly basis or a yearly basis.

The payment structure can be changed over the life of the payment schedule in some cases. If the payee has medical needs arise, he can request an increase in payments to cover these costs. It is vital to have an experienced structure settlement broker working with you if this becomes the case.

Structured settlements can also be sold to get a cash payout. People may opt to do this if they need a large sum of cash right away. But it is important to keep in mind that selling a structured settlement will decrease the amount of money that you will get because you are given only a fraction of the total settlement sum.

If you sell your structured settlement, you are also giving up a guaranteed monthly income. These structured settlement payments are tax exempt and protected from creditors and divorce settlements. So you need to positive that the annuity payments are something that you want to part with.

Selling your structured settlement payments is a complex process and will take the advice of a good structured settlement broker. You should also consult your attorney before you decide to sell. You must be very careful in who you choose to sell your settlement to. Like everything else out there, there are unscrupulous companies that will take control of your settlement and not pay you. Some companies will not want to give you a fair price for your structured settlement. Therefore, it is critical that you have your attorney or structured settlement broker guide you when selling your structured settlement.

So never hesitate to employ the services of a structured settlement broker.

Why Sell a Structured Settlement?

A structured settlement is a payment that you will receive monthly, quarterly or yearly if you have been injured in an accident and are entitled to compensation. These payments may come for a few years or they may be set up to come over a lifetime. A structured payment is a guaranteed check to help support you and your family. But sometimes people want to sell a structured settlement. You may be asking yourself why someone would want to do this. Keep reading to uncover a few good reasons for selling a structured settlement.

The reasons that someone will sell a structured settlement are different for each individual. But one of the biggest reasons for selling is that money may be needed for a major operation or for medical equipment that can help enhance the life of the recipient. Sometimes, money is needed for other family members that have a health crisis.

For some people, selling off a structured settlement will allow them to purchase a home. Having a place to live without the worry of a mortgage or being evicted is enough of a reason for certain individuals to sell a structured settlement.

There are those that may be particularly savvy with the stock markets. These people may choose to sell a structured settlement to invest in stocks or bonds that will make them more money in the long run. This is probably the smartest reason to sell a structured settlement. But you must know what you are doing to make this work.

Older adults that have been involved in an accident and are getting structured settlements may choose to sell so that they can help their children or grandchildren. An older adult who receives a structured settlement for life realizes that they may not have many years left and may decide to use the money to enhance the lives of their children.

Regardless of the reason that someone may choose to sell a structured settlement they must do so carefully. They need to enlist the aid of a lawyer or financial specialist who is trained to sell structured settlements. Make sure that the individual that buys the settlement is on the up and up. You should also shop around for buyers, because one buyer may offer a higher price than the other.

Selling a structured settlement is a big decision and should not be taken lightly. When you sell a structured settlement you are virtually giving up a lifetime of steady income for a fraction of the price. But if you are positive that it is the best route to take, then by all means, go for it!

Annuity Payments

Sell Structured Settlement Annuity Payments

Structured settlement annuity recipients receiving payments over time can convert their future payments into cash.

You can choose to receive a lump sum cash payment for all or just some of your structured settlement annuity payments to:

• Eliminate debt
• Pay off high-interest credit cards
• Reduce your medical bills

Stone Street Capital is a leading lump sum structured settlement annuity company that can convert your future payments to cash.

The Lump Sum Option

The lump sum option gives you flexibility to sell your structured settlement annuity payments and get the up-front cash you need now. Life changes happen fast. Even though a structured settlement may have been the right choice at the time, things may have changed and you need money now.

Structured Settlement Annuity Buyer

Stone Street Capital will purchase your future payments for your settlement annuity payments resulting from a:

• Personal Injury Settlement
• Medical Malpractice Settlement
• Wrongful Death Settlement
• Lawsuit Settlement

About Stone Street Capital

Stone Street Capital is America's leading structured settlement annuity buyer. We are the oldest, most respected firm in the lump sum industry. For nearly 20 years, we have helped thousands of structured settlement annuity recipients convert some or all of their annuity payments into cash. We can help you too.

Cash for Annuity Payments

Do you own an annuity but need to access cash now? Stone Street Capital can turn some or all of your annuity cash payments into one lump sum of cash if you:

• Inherited an annuity payments and prefer cash
• Prefer a different investment vehicle
• Need a large amount of money but do not want a high interest loan

Whatever the reason, Stone Street Capital makes it easy to get cash for annuity payments.

The Lump Sum Option

A lot can happen during the time that you chose an annuity and today. It’s for this simple reason Stone Street Capital began offering the lump sum option nearly 20 years ago. Choosing the lump sum option with Stone Street Capital means you have the ability to turn some or all of your annual annuity cash payments into one large lump sum of cash.

How Do I Sell Annuity Payments?

If you are interested in converting some or all of your annuity into cash, or simply want to know how much you can get right now, call us today at 1-800-LUMP-SUM (800-586-7786).

About Stone Street Capital

In 1989, Stone Street Capital was created to give annuity owners, like you, financial options. Our unique programs allow you to tap into finances that would otherwise be out of reach. It's for this reason that so many annuity owners contact us again and again - because we get you access to the money you need. It's that simple.