Cong. Courtney Warns of Selling Structured Settlements

Structured settlements offer guaranteed tax-free income tailored to medical and living needs. Be careful about any offer to sell your payments. This was a speech to the National Structured Settlement Trade Assn. (NSSTA). Posted by the National Structured Settlements Trade Assn., www.NSSTA.com



http://www.youtube.com/watch?v=ghQIg9UblG0&hl=en

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How Life Settlements Work

A life settlement refers to the sale of a best life insurance rates">insurance rates">life insurance policy by the owner of the policy for less than the face value of the policy. The settlement is sold to a third party. This third party will profit when the insured dies by collecting more money in the death benefits that were paid out. The third party will receive higher profits the sooner the original policy holder dies. The policy holder can not have a catastrophic or life-threatening illness or condition in order to be eligible.

Life settlements are an attractive option for the policy owner who is above 70 years of age. It is estimated that among this age group, over half of the policies have a market value that far surpasses the cash value that is offered by the original carrier.

In this current economic uncertainty, best life insurance rates">insurance rates">life insurance settlements are becoming a very attractive way for many Americans to bring in some much needed money. Many people do not need the best life insurance rates">insurance rates">life insurance policy or they cannot afford to make the premiums any longer. Many Americans are concerned about their financial future today and life settlements or senior settlements as they are called, have become very viable alternatives for receiving money.

Many senior citizens in the United States are becoming increasingly aware and relieved that they can receive this money while they are still alive and that they do not need to make any more premium payments on the life insurance policy. Many senior citizens purchased life insurance years ago to fund a child's education in the case of their own death but now that the children are grown and out of college, they have no real need for the policy. In other cases, the policy may have listed the spouse as the beneficiary but the spouse has already died and perhaps the policyholder would rather have the money now rather than name a new beneficiary. These are a few of the reasons that life settlements are being sold now at rates never before seen.

There are many life settlement companies that assist people in selling their unwanted policies. These companies will work with the policyholder and ensure that they are given a lump sum payment. It is best to get some estimates from several of these companies before making a decision as rates may differ considerably.

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Why You Should Consider Hiring a Structured Settlement Broker

If you are receiving a structured settlement, you may want to look into hiring a structured settlement broker. There are certain advantages to having a broker help you navigate through the settlement process. Brokers understand how these types of settlements work, and can help you understand all of the details this type of deal involves. They can help you create a plan which best suits you and your situation, which is something you may not be able to do on your own.

A settlement broker can help you negotiate a settlement or can help you sell your structured settlement, should you wish to do so. They are flexible in the services they provide as either a negotiator, or as acting in your proxy in order to sell your settlement. Brokers work with both sides of the settlement process, striving to get an agreement ironed out which meets your needs.

In many instances, an individual could be losing money by not using a competent settlement broker. Acting as your agent, your broker will relate your interests to the entity which will be making the payments. In most cases, a good broker will be able to get everything you request pertaining to selling your settlement.

If you are selling your structured settlement, the broker will attempt to get the most money for your settlement as possible. Some brokers will work on a percentage basis, so it is definitely in their best interest to sell your settlement for top dollar. If you have a large settlement, a broker can make a huge difference in the amount of money that you receive from whoever is purchasing it.

Most individuals receiving structured settlements are doing so because of injury or personal loss. There are also instances where lottery winners will want to sell their yearly or monthly lottery payments, instead of waiting years to get their complete winnings. In either instance, it is to your advantage to get someone who knows the intricacies of both the laws and the formalities of buying and selling settlements.

A settlement broker is a professional who specializes in getting the most money from buying or selling settlements. In almost all cases, an individual will walk away with more cash in their pockets by hiring a competent broker. Therefore, it only makes sense to have one working for you.

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Qualified Settlements Part II Don McNay

This is part of a lecture that Don McNay (www.donmcnay.com) did in New Orleans. He talks about qualified settlement funds, structured settlements and 468b



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What is a Structured Settlement

A structured Settlement is an agreement between a personal injury victim ( a Plaintiff ) and an Insurance company ( the Defendant )to compensate the Plaintiff by the defendant with long term periodicpayments instead of a single cash lump sum.

Payments can be tailored to each individual plaintiffs needs, to help meet expenses such as on-going medical and living expenses, education, children needs & support etc' The fixed annuity payments are tax-free to the claimant, a cost-of-living adjustment (COLA) feature is available, that can help offset the effects of inflation over time, payments can continue as long as the claimant lives thus providing him the maximum benefits.

structured settlements are encouraged by plaintiffs lawyers,
Courts, Insurance companies and the legislators alike as they all agree it is the best solution to all parties involved especially for the claimant.

If you just been injured and need help and advice on how to file
a claim, what are the exact forms you need to fill out and how to go about it without it costing you an arm and a leg in legal fees,Let a very experienced paralegal specializing in personal injury claims, guide you with a step by step process and save a bundle of money. Hear what she has to say at: Settle-Your-Own-Injury-Claim.

The annuity can be transformed in part or in full to a cash lump sum via private funds and should be approved by the Court. The funds are most interested to make these deals as they are very profitable to them because they take the long term tax free payments and in exchange pay the annuity holder much less than the face value but in cash.

These same funds are handling Lottery winners long term payments
into one single lump sum as well as all kinds services of cash against future payments.

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Settlement Quotes- Structured Settlement Factoring Portal

This video shows individuals how to advertise their structured adjustment by application adjustment Quotes online portal.



http://www.youtube.com/watch?v=uDvWOg-yXMQ&hl=en

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Finding a Buyer For Your Settlement Annuity

If you didn't already know, companies are consistently on the anchor to buy structured settlements. Since they can do so, at a profit. The absolute agglomeration sum bulk paid by the aggregation is not actually according to the absolute bulk of the settlement. That agency that if you are selling your settlement, again the agglomeration sum bulk accustomed by you is not the absolute bulk of the settlement. This is how structured adjustment companies accomplish their money.

Any aggregation anxious about its advance will actually accept to buy any structured adjustment that is advancing their way. Because the profits from these settlements may be invested aback into the company. This will ensure its advance and stability. Hence, you wouldn't accept to go over your arch to acquisition a aggregation that is accommodating to buy your structured settlement. But there are some facts that you charge to be bright of afore selling your structured adjustment to aloof any company. In the afterward you will acquisition some tips and admonition on what to attending for in a aggregation that is accommodating to buy your settlement.

Anyone aggravating to advertise their adjustment charge thoroughly investigate the purchasing aggregation afore signing any deal. This little footfall will adjudge whether you will accept the money for your adjustment or not. In a case area you advertise your adjustment to a aggregation that is not too able-bodied off, there is a adventitious of the aggregation filing for bankruptcy. If this happens again the affairs that you would get the adjustment money would be minimal. Hence be actual abiding that you apperceive the aggregation you are selling your adjustment to and accomplish abiding that it has a acceptable clue record, registered with the bigger Business Bureau, and no abrogating publicity or allocution about bankruptcy.

After you are abiding that the aggregation is a advantageous and professional, try to acquisition out its position in the market. acquisition out how able-bodied the aggregation is doing. If the aggregation is a accomplishing actually good, again the affairs are that you will get a bigger accord than what you accepted from the company. It is important for the aggregation to be accomplishing able-bodied because then, you will not accept to delay for the aggregation to get a accommodation accustomed and again pay you the adjustment amount. The aggregation can anon pay you from its funds.

You accumulate these credibility in apperception again you will actually accept a accord that you accept no abjure about. A abiding aggregation is consistently accessible to buy your adjustment as it is a safe, assisting breeze of cash. Rest assured about aggravating to acquisition an accomplishment buyer.

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Fundamentals of Structured Settlements - Your Rights and Duties

structured settlement factoring regulations have changed significantly in recent years. Now you can sell structured payments with greater security and confidence. These changes are designed to provide the person who needs to get your refund faster. While going to cost a considerable sum of money when it comes to ensuring the cash now for the future of structured, the process is now a little "less complicatedespecially with regard to working with insurance companies that used to resist the transfer structured settlement.

What has changed and what you need to know

There are several important things that have changed the structured sale transaction. Firstly, it is simply easier to make it happen. 30 some states have already passed laws to help even though people make and sell their structured settlements, the entire country is nowto benefit from these laws. In fact, simplify the process making it quicker and safer to obtain the necessary funds.

Another important consideration is that of taxes. There was a constant ongoing battle over whether or not to pay taxes on the funds from your structured settlement if indeed he did sell it. Laws that came into play only say that there was never need to pay taxes and now there is no need to pay taxes on those funds. Therefore, thetax consequences that were once considered a great risk if they must sell their structured settlements have been made, making it less of a risk to you.

One thing has not changed is that you will lose money if you sell your structured settlement now rather than hold on to it during the original term. In fact, this new structured settlement law makes no warranties or limitationsabout what companies must pay to purchase your settlement. This kicks the door wide for many problems, such as loss of a considerable amount of money through the sale of your structured settlement.

In addition, it has become even more important to the seller of a structured settlement to seek the help of his trusted lawyer or someone who can work closely with them to ensure they are not exploited inthe process of selling your structured settlement.

There are many times in selling a structured settlement is essential to the welfare of the person who possesses it. and life changes and so does the need to get their hands on money that should be theirs. With the help of recent laws, people can acquire the funds to do what they need without having to worry about many of the artifacts that were once in force. Now, you have the abilitytheir decisions in these structured settlement sales. This is a good thing.

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Life Insurance Settlements - Sale of a Life Insurance Policy

Life Settlements! Sale of a best life insurance rates">insurance rates">life insurance policy!!

A Life Settlement is the sale of a best life insurance rates">insurance rates">life insurance policy to a third party in exchange for a cash settlement in excess of the policy's cash surrender value--even if none exists! This is also called as best life insurance rates">insurance rates">life insurance settlement, Insurance settlement or Senior settlement.

This innovative wealth and estate planning tool removes the burden of expensive insurance premium payments in addition to providing the lump sum cash settlement. This allows policy holders to get cash out of their best life insurance rates">insurance rates">life insurance policy, in an amount in excess of the policy's cash value (if any), while they are still alive. To get the highest life settlements is to improve the quality of life during your retirement years.

Life settlement: When an individual who does not have a terminal or chronic illness sells a policy for other reasons, including changed needs of dependents, wanting to reduce premiums, and cash for meeting expenses, that is known as a Life settlement.

Viatical settlement: When an individual with a terminal or chronic illness sells his or her life insurance policy that is known as a viatical settlement.

Hitherto, elderly seniors with life insurance policies they do not need or cannot afford to keep up have had little option. They will let the policies lapse or sell them back to their insurers. Now lots of them are glad to have an alternative buyer. Clients may now be able to sell their policy for far more than the cash surrender value the insurance carrier would offer.

The life insurance policy owner sells his or her contractual rights under the policy at its present market value in exchange for a lump sum cash payment, which payment exceeds the cash surrender value of the policy. The purchaser of the policy will then become the new owner and the new beneficiary of the policy and is then responsible for making all of the future premium payments. The new owner now collects the full amount of the death benefit when the insured dies.

Life Insurance settlement or Life settlement present a unique opportunity to the policy holder to extract the maximum possible value from an existing life insurance policy and utilise those funds for whatever financial needs may exist.

Clients will often ask if there are any restrictions on what the cash payment can be used for. The answer is that there are no restrictions whatsoever on what the cash payment can be used for. They can use the money to purchase new insurance, travel the world, start a business, buy a property or fulfill their dreams. The money is theirs to simply enjoy and use it for any reason they can think of. In fact, seniors can use the cash settlement for medical expenses, living expenses, or anything they desire--with no restrictions.

There are various reasons why individuals sell their life insurance policy.

Why sell a life insurance policy?

1. If you are chronically ill, selling your current life insurance policy provides needed funds to cover financial burdens caused by your illness. A viatical settlement gives you the ability to regain needed financial security.

2. If you are over the age of sixty-five, a life settlement maximizes your current assets by eliminating premiums and getting funds that can be used today.

3. Pay off debts

4. Make funds available for other investments

5. Turn a lapse insurance policy into cash

6. Pay your medical care bills

7. Finance your retirement

8. If you are a corporation, selling corporate owned life insurance lets you regain back premiums paid on no longer needed policies.

9. If you are a non-profit organization, selling a gifted life insurance policy provides funds that can be used now and also eliminates premiums.

10. If you managing an estate, selling your current life insurance policy will help manage changes in estate size, eliminate premiums, and liquidate policies that no longer are needed.

11. If You are over 21 with a life-threatening illness?

How much money will the clients get when they sell their life insurance policy?

The value of a life insurance policy is determined by a number of factors, including, but not limited to,

1. Face value of the policy

2. The age and medical condition of the insured

3. Estimated mortality of the insured

4. loans against the policy

5. Rating of the insurance carrier

6. Cash value of the policy

7. Type of policy and prevailing interest rates

8. The net death benefit

9. Premium payments required to keep the policy in force

Typically, a life settlement is about three to five times the cash surrender value of the policy.
What Life Insurance Policies Qualify?

To find out whether you qualify, here are some of the requirements.

(A) Must be at least 65 years of age

(B) The face value of the policy is at least $50,000

(C) The insured has experienced deterioration in health since the insurance policy was issued; life expectancy is under 15 years

(D) The insurance policy is in effect beyond the two year contestable period

But any policy owner, including individuals, corporations, charities or trusts, may sell any life insurance policy, including group and term policies.

What types of polices are purchased?

1. Government issued policies

2. Term Life

3. Universal Life

4. Survivorship policies

5. Many Group types of policies

6. Corporate Owned Life Insurance

7. Whole Life

8. Basically All Types of Life Insurance Policies

Experts at http://Financial-Ease.com assist in achieving the highest value for their client's life insurance policies. Their goal is to get you the highest price for your life insurance policy. Their mission is to serve clients with highest offers with honesty, integrity and confidentiality and get fast closings and payments

The life settlement value could be potentially much higher than the cash settlement of your life insurance policy. Do not continue to pay expensive premiums for coverage you no longer need, and do not surrender the policy or let it lapse. The Life insurance settlement solution is typically the Win-Win scenario that you have been looking for.

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Structured Debt Settlements - 5 Things You Didn't Know About Structured Settlements

structured debt settlements is a way an individual chooses to pay back a large payment in a series of payments until the entire amount has been paid back. If you are involved in a structured settlement you will note that they are extremely detailed and there are no misconceptions about when the payment on it must be made. These settlements are usually made in a court situation when the debtor is found to be in very extreme financial straits.

A structured settlement to help get out of debt is an alternative for those in debt that cannot outright pay the debt or offer a lump amount as settlement. With a structured debt settlement you are allowed to make scheduled payments in a time frame that is very specific. The part that creditors don't want you to understand is that they want you to have structured debt settlements so you do have to pay but it also allows them to keep their cash flow at a maximum level because they know when they get their money.

If you do agree to a settlement it will work differently for each individual case. You may be able to get a partial structured settlement or have to pay a complete structured settlement. This settlement can also be sold to an investor for a lump payment if they choose.

A settlement company has usually purchased your debt at a deeply discounted rate for a lump sum of money. This is of course a good situation on behalf of both parties because the debtor needed the extra amount of time a structured settlement affords them and then the company will get back more from them than they actually paid for the debt.

You also might not know that there are no taxes implied or added to structured debt settlements. Of course you may also not realize that the United States is one of the few companies that even allow structured settlements for anyone.

If you'd like to learn more about debt settlement for debt relief and to have your questions answered follow the link below.

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How to Sell Lottery Payments

When you win the lottery, a typical option is to receive it in the form of monthly or yearly annuity payments. An annuity is a series of payments over a period of time that can be for a fixed time or for life. Most state lotteries offer an annuity where the payments are made for a fixed number of years. Choosing the annuity option instead of a lump sum is a choice that a lot of people make.(some states will not give a lump sum)

However, sometimes life's circumstances change and the cash provided by the annuity does not meet your needs. You may be looking to purchase a home, new automobile, make an investment, or need it for medical reasons. Regardless, this article is about what to do when you want to trade your lottery annuity for a one time lump sum cash payment.

The most important rule is finding a reputable and professional company that specializes in purchasing lottery annuity payments or structured settlement annuities. Reputable companies are registered with the Better Business Bureau and have an excellent if not impeccable public record.

A good structured settlement company will be able to provide you with the most money in exchange for your lottery annuity payments and provide you with advice as well. They will see that the lottery lump sum payment you receive meets your current and future needs. A good company will provide you with the flexibility to sell your entire annuity stream or just a portion of it. Finally, it is helpful to work with professional companies that are direct funding sources and not brokers. This cuts out the extra middlemen which results in more money for you.

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How to Cash Structured Settlements

Let's start to begin to understand that the settlements are structured and what it means cash structuredsettlementscashfor.blogspot.com/" title="cash for structured settlement">structured settlements. When a person files a claim through a civil liability claim for damages and the defendant and his lawyers believe the case could go against them are files structured settlements. This means they must pay the plaintiff a lump sum in lieu of cash may elect to pay the amount he or she ratesperiods of time until the whole amount is paid. This is called a structured settlement.

Y "structured as payments must follow a certain structure and a certain amount of money paid periodically if the period is preset by the judges of an agreement signed by both parties. This is a solution because the applicant has committed to divest demand in return for this sum of money paid regularly until the totalsum has been paid.

The defendants appellants offer a structured settlement for three reasons. Could it be that the defendant can not afford to pay a lump sum to the plaintiff or the defendant believes that the courts consider that the amount could be much greater than what is required. The third and most often the real reason is that structured settlement payments are charged to the applicant's insurance provider.

These financial and professional firms prefer to go with a structure, and which in turn purchase an annuity for the amount to be paid. The amount of the annuity you buy matches the amount payable and the end of the property of their income, even if the plaintiff obtains the regular payment.

Now it may happen that the plaintiff discovers that he or she needs a lump sum of cash instead of pension or series that has been paid. They can choose> One. That means no more to sell this for less than it really worth it.

Investors are always looking for good deals to put their money in search of people who want to cash in structured settlements. There are websites that offer brokerage services in this area of investment. People looking for a good place to invest their money in more places are offering cash payments. Record theirrequirements and conditions and are included in the database of the site.

People looking for an opportunity to cash settlements also register their details with the same site. The software automatically adjusts the best sellers with the best deals and sales director of media. The site will be able to advise the seller if they are legally entitled to cash transactions or not.

Then proceed with the preparation of documents and advise earningscompany about the transfer of settlement and the new beneficiary begins to income, while the original recipient receives a lump sum which is slightly less than his normal total. The difference is the site fee and the benefit of the person who acquires structured settlement.

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SCOTT ROTHSTEIN FRAUD-FBI WIDENS THE PROBE, Part 2 of 2

In yet addition bizzare and adverse about-face the FBI in South Florida today asked the accessible to appear advanced with affirmation and advice apropos the Scott Rothstein structured adjustment fraud, which they now appraisal may beat $1 billion in losses. In a appropriate copy of Voices of the Law, Mark Wahlstrom and Jan Schlichtmann altercate how this artifice has anointed the structured adjustment industry by falsely implying that Rothstein was affairs or manipulating structured settlements, back in actuality it was a accepted variety, but admirable calibration Ponzi arrangement based on the banknote now industry that is afflictive the acknowledged profession. Listen in as The Civil Action Attorney Jan Schlichtmann discusses this fraud, it's appulse on the acknowledged profession and the charge for attorneys to angle close adjoin ethical and banking temptations that put their audience at abeyant risk. www.legalbroadcastnetwork.com



http://www.youtube.com/watch?v=-QMQl3CJ4fM&hl=en

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8 Steps to Buying a Home With Poor Credit and No Money Down

1. Get a copy of your credit report. You can do this yourself or you can have a Broker check it. Remember there are three bureaus, so check all three. Some Brokers will only pull one unless you ask for three. If they won't pull all three, go elsewhere or pull them your self. Ideally, you want a "Tri-Merge" report which merges all three so as to remove duplicate items while still showing all three scores. Your " Credit Score" is the middle of the three. Try annual credit report for a free report. At this writing, they don't cover the whole country but will soon. You can also go directly to the bureaus. The three bureaus web addresses are Equifax, Experian and Trans Union. They may charge a fee or offer the "free" report as part of a credit watch service, which is probably a service you may want as you rebuild your credit.

2. Study the report for accuracy and have any errors corrected. You can do this through each bureau's website, the Broker's credit reporting agency. There may be a charge, but it's well worth it. Correcting derogatory errors on a report can quickly raise your score, qualifying you for higher LTV loans and lower your interest rate. This could save you tens of thousands of dollars over the life of the loan. A Broker's credit reporting agency can also help.

3. Start your road to better credit now. You want to improve it as much as possible so as to loans.blogspot.com/" title="refinance loans">refinance as soon as possible. You might even see your score improve before you find just the right house and a package is sent to underwriting. Sometimes an improvement of only a few points will put you into a better category with a higher LTV and/or a lower rate. Ask the Broker what the lender used as your score for the loan at the time of underwriting and if that qualifies you for a lower rate. If you've done your research and found an honest, qualified Broker they will try to lower your rate below their original estimate.

4. Research your area through referrals, advertising and interviews to find a Mortgage Broker that specializes in sub-prime (less than perfect credit) mortgages that you feel comfortable with. If you don't intend on pulling your own credit, this will now become your first step in this process.

5. Discuss your situation in detail with the broker including:

a. Your credit

b. Your Rental payment history and proof of payments

c. Your Employment situation and history

d. The fact that you want a straight zero down loan or one with a seller 2nd or gift of equity with closing costs financed into the loan

e. How much house you qualify for

f. What estimated closing costs will be through a Good Faith Estimate

g. Obtain a Pre-Qualification

6. Find a Realtor who isn't afraid to work with someone who wants to do 100% loan with closing costs financed into the loan. Your Broker may know one. If they balk or seem hesitant, go find someone else.

7. Search the market thoroughly. Be sure the Realtor is showing you homes where the seller's situation fits with your needs. This might include 1) Low Mortgage balance, 2) Good value so the appraised value will be above their asking price and 3) A seller that is motivated.

8. Make an offer (multiples if needed) on a home on your terms until you get one accepted and close your home as soon as possible before rates go up.

Have a celebration with your significant other or family. You've earned it. Enjoy your new life as a homeowner while you make all those little improvements necessary to build equity and improve your home's value for the future appraisal relating to a sale or refinance, all the while improving your credit score.

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Debt Settlement - Learn the Meaning of Structured Settlements and Debt Relief

credit card debt has been troubling most US citizens day in and day out. The recession has done massive damage to the credit card users. credit cards have traditionally been used for credit on monthly basis. For people who live from one pay check to the other, credit card has been the means to survive during the month. At the end the bills used to be cleared using the salary. Because of the recession most people in US lost their only source of income. They are now running form pillar to post to make both ends meet.

They also need to look for debt relief and get rid of their debt.

Let us take a look at structured settlements. A structured settlement is a payment plan that is spread over a period of time. Let us take the example of Miss Linda (fictitious) who met with a car accident and has been awarded a settlement of $100,000 for a period of 10 years. What is means is Linda will be paid a total amount of $100,000 over a period of 10 years in monthly installments. Using this amount she will be able to meet her regular expenses over a period of 10 years. She may have an option of going in for one time compensation or a debt settlement.

A large number of companies are also into the business of buying structured settlements. If you have gone in for a structured settlement you can sell it to a company and get a lump sum amount. This amount can be utilized to clear your debts. In a manner these settlements and debt relief are closely related to each other.

If you are to go in for a structured debt settlement you will have to agree to clear your debt over a specific period of time and make regular monthly payments. In exchange you get an overall reduction in your debt.

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Structured Settlements & Holly's Story

Structured Settlements are the "intelligent, smart" choice, says US Congressman Joe Courtney. Listen to this former victim's rights attorney tell why he encouraged the family of an 8-year-old burn victim to take a structured settlement. Posted by the National Structured Settlements Trade Assn., www.NSSTA.com



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Structured Annuity Settlement

This is a term generally used in insurance settlement. Insurance settlements are normally one time settlements given to the affected party or the claimant. The structured Annuity settlement (also called as 'structured settlement') can be called as an extension of the benefits over a longer period of time. In other words, the victim gets a fixed amount periodically instead of getting the money in one lump sum. Such periodical income would normally last till he fully recovers and is able to take up his normal work.

Legal aspect:

It is said that the concept of structured settlement was first practiced in Canada in 1970. Later several other countries resorted to this procedure. Considering the advantage of this form of payment of compensation to the accident victims, several countries passed laws to legalize. This type of structured settlement is also called as 'periodic payment judgment'. The Annuity is decided depending on the nature of injury, time normally taken to fully recover, type of immobility of the victim, the status of the victim, etc.

Structured Annuity settlement Vs one time settlement:

In one time settlement, the victim has to suit his budget to the compensation received. This is particularly difficult when the victim is immobilized for longer duration of time. The victim will have to manage the medical expenses, domestic expenses, etc. within the compensation received and there is likelihood of the funds depleting. Instead, under the Structured Annuity settlement, the victim gets the compensation for a longer duration. He is assured of some periodical income till he recovers. With this amount, the victim can maintain his family, pay children's school fees, the expenses towards food, medical expenses, etc. As a result, the victim's daily life is not affected. Now this type of settlement is becoming more and more popular.

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Structured Settlement Investments

structured Settlement Investments is a company that offers services through its web site in the areas of annuity payments, insurance payments, lottery payments and any other future payments. There are many professionals in the company who advice on structured settlements.

Instance cash payment is made by the company and that is best service offered by investment companies. If you surrender your future payments, annuities or any other future mode of payments now to the structured settlement company, the company can pay you cash for meeting all your requirements and personal needs.

For example, you have annuities payment which are pending over a period of time but you require lump sum to buy a home for yourself. At this point, the investment company will pay you the entire lump sum as against annuities payment and takes over the rights of your future annuities. This service is also similar for receiving lottery payments, insurance payment or any other payments under the purview of legal settlement.
The motive of the company is to provide you cash which is most importantly required by the client. In turn the company purchases all the future payments held by the customers. This is very benefiting to the customer with the fact that a customer can buy a car, buy a home or make an investment in land or property.

This is not similar to any lending or borrowing of loan. But this is a perfect deal of agreement and settlement which is under the purview of law and legal framework. Therefore, this does not give rise to any disputes or differences.

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Benefits Of Settlement Loans

Settlement loans are, generally speaking, highly advantageous to their recipients. Modern legal processes can be extremely time-consuming, and the period it takes to settle a claim can last longer than the claimant's paying capabilities. By having this kind of finance, a claimant is free from the temptation to settle early and for a lesser-than-hoped-for amount.

Obtaining a settlement loans is usually a speedy process, because the financier generally does not require any other collateral besides the eventual settling of the claimant's claim. The scales of advantage weight heavily towards the loan recipient, because the lender cannot ask for repayment if the claim is not settled. Many lending institutions compensate for this with a heavy interest rate, but the borrower can shop around for the best offer.

Settlement loans do not have to be qualified by a credit or employment requirement. Nor are there any up-front fees or processing charges involved. Such loans are a literal lifeline to financially beleaguered claimants who must bide their time until their claims are favorably settled. Settlement loans enable them to cover the costs of daily living, legal expenses, medical bills, professional maintenance costs, investigator's charges, etc.

Financing firms have become very competitive in priding settlement loans and vie with each other for customers. This translates into increasingly favorable terms of interest. In addition, there is an increased flexibility in the provision of settlement loans, meaning they can be distributed over a period of time or a single up-front payment. Courts now require attorneys to inform financially constrained clients about the availability of such loans.

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Why Sell Annuities?

Did you know that it is possible to turn your structured settlement into cold cash? You can use that sum of money to pay for immediate things like your credit card bills. By turning your structured settlement payments to a lump sum of cash, you can have the resources to eliminate your debts or to help lessen your medical bills. There are a lot of financial firms that grant a lump sum option for payments, all you have to do is to contact them and ask for assistance.

Having a structured payment settlement is a good means of maintaining and protecting your financial security. But what if something unexpected happens? Wouldn't it be nice if you have an alternative source of income from your settlement payments, personal injury structured payments and structured annuity payments?

What is a Lump Sum? A lump sum option is one way of receiving immediate cash. It provides the recipient the flexibility of having an alternative source of revenue. While a structured payment have helped you in great deals before, you will never know when you might need a significant amount of money, fast.

Getting cash as lump sum once you sell your settlement payments is one option. You can have cash right away if your sell your structured settlement payments. You can sell structured settlement payments from your:

• Lawsuit settlement
• Medical malpractice settlement
• Personal injury structured settlement
• Wrongful death settlement
• Structured settlement annuity

If you are one of the many annuity payment holders who are not happy with the annuity payments that they are getting who at the same time needs some money, you can always sell annuity payment for immediate lump sum cash. There are numerous financial institutions that you can run to in order to get the money that you need while keeping the security and the predictability of your incoming annuity payments. Most of these financial firms have websites, so you can always check the internet for options.

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Loan Against Senior Life Settlements

Life settlement describes the sale of a best life insurance rates">insurance rates">life insurance policy to a third party buyer and receiving a lump sum amount in cash. When a policy is settled, the original owner is no longer responsible for paying the premiums and will not receive any amount on the maturity of the policy. But if the owner wishes to keep the policy and yet have an urgent financial need, the simple solution is to borrow a loan against the policy.

While borrowing a Life Settlement Loan, the borrower has to clearly state the reason for the financial requirement. This is not the case in settlements, as there no questions are asked about the way the money is to be used. Also, the loan will have to be repaid over a period of time, in monthly installments, as the owner will be keeping the policy. The advantage is that the policy will be still the owner's asset and the owner will get the amount of the policy on maturity with all the applicable interests accrued.

For borrowing the loan, the senior adult has to approach the company on which the policy is written. An application form is required to be filled in, which includes personal details about the owner along with the details of the policy. The amount of the loan sanctioned depends on the face value of the policy; it is usually calculated on the basis of a percentage of the policy value. This amount varies from company to company. The company also decides the tenure for the loan and the installments to be paid, applying the rate of interest at that moment. The companies withhold the policy papers until the loan is repaid and the policy is locked. However, the senior adult continues to pay the premiums on it, along with the installment of the loan.

Loan borrowing for senior citizens against their settlement policies is a simple process if their papers are in order. Insurance agents help to quicken the process, but they charge a small percentage as their fee, either from the borrower or the lender; usually the former is the case.

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Purchase Structured Settlements - Advantages For the Personal Injury Victim

If you are a personal injury victim, here are three good reasons why you purchase structured settlements instead of getting a lump sum settlement.

Specifically, when you buy structured annuities, you avail yourself to considerable tax advantages; protect yourself from having funds dissipated; and, if you are disabled, the periodic payments, combined with other estate planning options, can increase your likelihood of Medicaid eligibility.

Take a look at this article to determine whether or not you should purchase structured settlement payments instead of a lump sum settlement.

Purchase Settlement Annuities For Their Tax Advantages

Many companies that sell these types of annuities tout the advantages of tax avoidance.

While you should not base your decision to buy structured settlements solely on tax consequences, it is certainly a consideration. Specifically, personal injury payments are exempt from federal income tax under federal law. However, settlements for lost wages are subject to taxation. When you settle your claim, you may avail yourself of other tax advantages under the Federal Structured Settlement Protection Act.

With appropriate tax planning, such a settlement may provide favorable tax treatment, and may in some cases be tax exempt.

Buy Annuities To Prevent Waste Of Funds

Companies that sell annuities correctly advise that they are intended to compensate the plaintiff for injuries and provide for future lost wages and medical care. But, oftentimes, structuring a settlement can protect minors, incompetent persons and financially unsophisticated plaintiffs.

Unsophisticated Plaintiffs. Face it, some people just aren't good at handling their finances. In my experience, all sorts of "shady" friends and relatives come "out of the woodwork" encouraging the plaintiff to "share the wealth." Within a sort period of time, the plaintiff is penniless. Encouraging the plaintiff to purchase an annuity settlement keeps the money from being squandered; and, more importantly, gives the plaintiff an "excuse" to refuse unscrupulous friends and relatives' requests for money.Incompetents And Minor Children. The legal representatives or guardians of minors should consider buying annuities in lieu of cash. Many of the same benefits to unsophisticated plaintiffs also apply to minors as well. Sometimes, the parents of minor personal injury plaintiffs are unsophisticated and could waste the funds instead of saving them for the child's benefit. Instead, a guardian who decides to purchase structured annuities, can set up such annuities so that the child receives periodic lump sum payments for college expenses, the purchase of a house and possibly a business.

Purchase Settlement Annuities To Pay For Future Medical Care

Most personal injury plaintiffs look to buy structured settlements to provide for future medical care. Structured settlement calculators can be used to predict cash needs to prepare for future medical needs.

Notwithstanding the benefits of periodic payments, in some cases, severely injured payment would obtain better benefits from a special needs trust. This is because of the possibility that the plaintiff could be eligible for Medicaid because of the severity of his or her injuries.

A special needs trust can be structured so that the plaintiff can receive the benefits of a settlement without being disqualified from receiving Medicaid. Consult with an estate planning attorney or disability needs planner for more information on this particular situation.

Substantial Benefits To Plaintiffs When They Buy Structured Annuities

As a plaintiff, now that you know a bit more about the benefits obtained when you purchase settlement payments, you can decide what is right for you.

Specifically, you need to consider the potential tax advantages when you buy structured settlements. Many companies that sell structured annuities will advise that their annuities will protect the plaintiffs against waste, fraud and mismanagement.

Companies can use structured settlement calculators and actuaries to develop a plan to meet the needs of a minor child. Finally, although the benefits of buying settlement annuities are plentiful, there are times where a special needs trust might be a better alternative to a plan to purchase structured settlement payments.

In the end, you need to consult with your attorney, tax advisor and financial planners to determine whether the decision to purchase structured settlements is one that you should consider.

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What Are Cash Flow Notes?

Cash flow notes are legal instruments used to document financial transactions between sellers and buyers. Multiple types of cash flow notes exist. The most common include: real estate, land, seller carry back, business notes and structured settlements.

When cash flow notes are used to buy vacant land or real estate, the property is used as collateral. Real estate notes are attached to trust deed or mortgage documents as a lien against the property. If borrowers default on note payments, the lien holder can foreclose on the property and sell it to another buyer.

Real estate cash flow notes are used to secure a wide range of property including raw land, single and multi-dwelling houses, mobile and manufactured homes, and commercial properties.

Seller carry back notes can be used to secure real estate or business ownership. Using seller carry back, the seller provides all or part of the financing. In most cases, sellers finance 10- to 20-percent of the sale price and buyers obtain financing for the balance through a traditional lending institution. If sellers engage in 100-financing, buyers must obtain conventional financing when the note terms expire. Seller carry back notes typically extend for two to five years.

structured settlements are oftentimes used to compensate individuals who sustained injuries due to negligence of an organization or person. structured settlements are also used to compensate lottery jackpot winners who choose to receive their payout over an extended period of time.

The primary role of structured settlement cash flow notes is to provide long-term financial security to individuals whose injuries prevent them for obtaining employment or to pay for ongoing healthcare.

One major disadvantage of structured settlements is once they are established they cannot be changed. However, structured settlement notes can sometimes be sold in whole or part if the Annuitant requires a lump sum of cash. Most states require Annuitants to obtain court authorization before selling structured settlement notes.

Business cash flow notes use business assets as collateral. There are multiple types of business notes, but the most common include purchase order funding and factoring.

With factoring, business owners sell their account receivables to a funding source referred to as the 'Factor'. Funds are loaned using receivables as collateral. In most cases, the Factor will purchase no more than 80-percent of total owed on notes receivable.

Purchase order funding is similar to factoring. The difference is purchase orders are used instead of accounts receivable. Factors can loan up to 100-percent of the amount of purchase orders. For example, if a business owner holds $100,000 worth of purchase orders, he can obtain a loan up to that amount. This type of cash flow note is typically reserved for businesses holding purchase orders backed by credit-worthy customers.

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How to FInd Structured Settlement Funding

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How to Get Cash For Settlements

For those who opted for a structured settlement on winning their tort suit and would like to have the full amount rather than wait for the installment in the form of annuities there is good news. It is possible to get cash for settlement through the convenient online structured settlement brokerage firms and portals. What is more the entire operation is legally sound. However, in a few isolated cases the courts disallow the transfer of the structured settlement by either party but the online services will clarify this and soon one can get cash for settlement.

The process is simply easy. Nothing can explain it better than those two words. All that one needs to do to get cash for settlement is to register with the concerned portal, or a few of them to get the best offer and upload the structure settlement with the amount being demanded for the transfer of the rights to receipt of the annuities.

These portals are open to people who look for investment programs that are safe and lucrative. Now there are people out there who have some extra money lying around and they want to invest in a place that is secure and pays more than the bank will pay and not as risky as the stock and futures markets anywhere else in the world. These people turn to structured settlement purchases as the best option when it comes to returns and safety.

They review the total amount to be paid out in annuities over a period of time and they calculate the amount they would receive minus the amount they would get in interest were the money put in a fixed deposit in a bank. If this amount looks attractive enough they offer a price for the structured settlement and if both parties agree on an amount the deal is struck. The original claimant passes on the right to the buyer of the settlement to receive the annuities while the buyer pays the original claimant a sum of money amounting to a little less than the total amount of the annuity.

The person who is getting cash for settlement gains by getting a lump sum of cash without having to wait the whole period of the structured settlement even though he or she will have to forfeit a certain percentage of the total sum, which is the profit of the buyer of the structured settlement. But a lot of hassles are cut short and in the end both parties should be happy.

There are portals that offer intermediary services for people wanting cash for settlement and for people looking to invest money in structured settlement. Both, buyers and sellers can register with the portal for free and upload their offers. When the software matches parties they are contacted and informed of the opportunity to buy or sell a structured settlement. There are fees involved and both parties can decide who will pay or what percentage of the fee will be shared. This is the easiest way to get cash for structured settlements in the shortest time frame and legally too

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How a Structured Settlement For Personal Injury Damages is Used

A structured settlement can often be used to take care of injury damages in a personal injury case. This is a settlement for personal injury damages that works with a series of payments over a period of time. It is different from the lump sum payment that has been the standard for handling damages in the past.

A structured settlement will work in that a certain amount of damages will be given to a person in a personal injury court. These damages will be given in a structured settlement as a means of repaying a person who was injured in some kind of event.

The personal injury damages will then be given out over a certain period of time. This is done in that payments will be handled on a monthly basis for a couple of years.

A structured settlement can be helpful for both the injured party and the liable party. The injured party will be able to ensure that injury damages can come in over time instead of all at once. This can work to make sure that a person will be covered for any future concerns with regards to recovering from an injury. It can be especially helpful in the event that the effects of an injury last longer than expected.

The liable party will be able to benefit off of a structured settlement by avoiding a massive tax hit. The tax amount that a liable party will deal with will be reduced during a certain period of time.

It will help to see how a structured settlement for personal injury damages works. A structured settlement can be used to make sure that one's personal injury damages are sent out over a period of time instead of all at once. This is something that can help all people in a case.

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Settlement - Structured Options For Structured Settlement Annuity Owners

If you own the rights to structured settlement payments, you have several options open to you that you may or may not choose to exercise. Knowing what those basic options are is the first step in determining whether your current arrangement is the best for you.

How Do I Know If I Hold Rights To A structured Settlement?

Most people know if they hold the rights to a structured settlement, but since the definition can be somewhat broad, you may be unsure.

Basically a structured settlement agreement is a financial contract wherein a responsible party is committed to paying you in regular intervals to satisfy a financial obligation to you. Most commonly these are the result of a personal injury lawsuit where the person responsible for injury, damage, and/or negligence is required to compensate you for your pain and suffering and sometimes loss of property or use of it. The cases that result in structured settlement payments can vary and may include

o Physical injury

o Psychological harm

o Medical malpractice

o Wrongful death

o Property loss or damage

Structured settlements also derive from contests and winnings. Sometimes a lottery winning, gambling or casino win, or other similar large windfall may be structured as a recurring payment made over time rather than a singular large payment.

Awards that are formed into structured settlement agreements are usually quite large and so are paid out over time at a rate that is supposed to meet the needs of the recipient, while also compensating for damage done.

Where Structured Settlement Payments Come From

Because such large payments would be hard to meet for some payers, and also because the majority of such payments come from an insured party's insurance provider, an annuity is usually purchased to cover them. This annuity is an investment bought for less than the actual amount owed, and accrues interest. A combination of interest and principal is used to make the recurring structured settlement payments, and this is the money received by the person receiving monies.

What Are My Options With My Structured Settlement?

If you do determine that you hold rights to payments, you have the option to sell those rights to a third party if it is deemed in your best interest; by doing so you can receive a large lump sum of cash at a discounted rate in exchange for a specified number of the payments. There are many ways this can be done, and you can choose to sell all or just some, or a percentage of your structured settlement payments. This is usually done to satisfy a financial need, such as to pay for unforeseen expenses, recover from financial stress endured during the settlement phase, or to access cash more quickly and gain better control over a larger sum rather than wait out accumulating payments.

Structured settlement payments do not arise out of fortunate circumstances in the vast majority of cases, although sometimes in the case of winnings they do. The agreements that are reached are not always ideal for recipients. Knowing what you hold rights to and exercising your payment and selling options is one way to recover from a bad situation, or possibly a way to make even better on a good one.

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Beware of Structured Settlement Buyers

Buying a structured settlement for those that can afford to do so is good business. For those who need to sell a structured settlement it is a time of angst, worry, insecurity and usually necessity.

If you fall into the latter category then beware of structured settlement buyers. The reason I advise this is because unless you have good knowledge of the market, you could well end up being paid far less than you could have got somewhere else. As in all industries, there are the good, the bad and the greedy.

If you are wanting to sell a structured settlement, then get a good solicitor or lawyer and get a quote from them as to what their charges are going to be first. They usually either work on a flat fee or on a percentage basis but you need to have these figures 'up front' so you will know what expenses have to come out of the settlement agreement so you will know what is an acceptable offer for someone to buy your agreement.

To get a structured settlement agreement you may have had to go through considerable pain or angst to get it and it is now your asset. Treat it like an asset and look to sell it for the highest possible price. You may need to divorce yourself from your emotions to do this and so it won't be easy to let it go. Emotional attachment plays no part in common sense business.

If you have got this settlement from an insurance claim because you were involved in an auto accident for example, you will most likely go through a grieving period. Go with the flow, and don't be afraid to talk about your feelings to your family but don't do it to a potential buyer, even though they may (if they are unethical) want you to talk about the circumstances in which you were awarded the settlement.

They may try to entice you to do this in the hope that the horror of it all will break your resolve and make you feel that all you want to do is to get rid of it at any price. This is just an under-handed tactic that some may use in order to get the agreement for a lesser price. Don't fall for it. Also, personally, I wouldn't be doing business with them either because they have shown themselves to be 'dirty-players' and you you don't need to get any more problems from this settlement.

Selling a structured settlement is simply selling an asset and you shouldn't sell any asset unless you need to. If you do need to sell it then beware of those who buy structured settlements because they aren't always as ethical as they should be.

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