‏إظهار الرسائل ذات التسميات Structured Settlement Annuity. إظهار كافة الرسائل
‏إظهار الرسائل ذات التسميات Structured Settlement Annuity. إظهار كافة الرسائل
on الجمعة، 4 أبريل 2014

How to Buy Structured Settlements

Structured Settlements is a way to pay is usually used as an 'out of court settlement . Although used structured settlements in the context of court settlements , there are many other scenarios where payments are considered an entrepreneur. For example , an insurance company receives payments from customers that they structured insurance. Or, the lender or creditor receives payments from a structured person who had given an extension of credit .
What are structured settlements ?
Often known as structured settlements in the form of a series of payments made ​​to the prosecutor in the case of a special court , by the defendant . As mentioned above, the defendant pays the plaintiff a series of payments over time . Often made payments to the plaintiff organizer in cases where the defendant is unable to compensate , in terms of a lump sum . Some cases in which they are structured settlement procedure include , personal injury , liability , and harassment and misconduct . Extension of credit from one of the merchants to last , and provide payment, insurance or discount or negotiable instrument in this regard can be completed any transaction legal and moral help of a structured settlement . And sometimes structured settlements as requested by the plaintiff or the recipient , in order to curb the taxable income . Often are traded on the right to get the money as part of a structured settlement agreement in the secondary capital market , in order to meet the urgent need for the plaintiff in cash . There are also many people and organizations who buy the rights of a structured settlement . Some organizations and people have a need for the league and a guaranteed flow of cash. It is here , and many of them prefer to buy structured settlements .
How to Buy Structured Settlements ?
 
The best way to buy structured settlements is approaching the broker structured settlements . Make sure that the broker is a member of associations such as the National Association of structured settlement or trade association for planners settlement . You can get a list of all the rights of structured settlements that are available for sale .In order to buy structured settlements , you need to analyze 1 need for periodic cash flows , and the importance of cash flow. There is always a large number of structured settlement rights for sale in the capital market . Thus, it is important to analyze the preferences and the amount of cash flow you need each month . Other factors that need to be considered , is that there are two modes of payments , a fixed structure where the amount that is received is the same, and the second type of payment is applied where the interest rate on the annuity. It is always advisable to check the number of installments such as 3 per cent a year for 4 years , one in each quarter . The second factor you need to consider is the value of each purchase structured settlements and put together , and that you will be paying . As there should be as little as possible from the difference in the value of the purchase of all human settlement and the total amounts of all the settlements that are in the collection .

The last step is to actually buy a structured settlement (s) and the completion of legal proceedings. It is usually advisable to appoint a lawyer or the lawyer who will oversee the legal paperwork to buy.There are many factors that need to be considered after the purchase of structured settlements , such as income taxes , and follow up with the payer , etc. .Source : hsüan gu
Read More...

on الثلاثاء، 4 مارس 2014

 What is a Structured Settlement Annuity ?

If you ever watch any TV, you’ve likely seen a commercial advertising something to the effect of: “It’s your money and I’ll help you get it now!” These commercials are advertising structured settlement buyouts to people who were awarded structured settlement annuities to get more money in their pocket instead of waiting for periodic payments.

Structured Settlement Annuities

A structured settlement annuity tax free way of providing money to a victim who was injured in an accident and is no longer able to work. These are usually awarded to settle a case out of court. Instead of paying all of the damage is the case at once, the annuity is purchased to allow periodic payments for a predetermined amount of time to help support the victim through the recovery process.
If you’re injured in a car accident and no longer able to work, you can sue the driver who caused the accident. Rather than suing the driver, you’re actually suing the insurance company who provides his or her liability insurance.
  • The driver’s auto insurance company purchases an annuity for the amount you settle for, from a life insurance company.
  • The insurance company owns the annuity and names you as the annuitant, or the beneficiary of the annuity.
  • The annuity gives you payments as per the agreement. Sometimes the annuity will have cost of living increases built in, to help the money continue to provide support for years to come.

What are the Features of a Structured Settlement Annuity?

Structured settlement annuities are tax-free income disbursements.These annuities are funded by large, well-financially backed insurance companies, so the recipient typically does not have to worry about what will happen to the settlement if the company who funds it goes out of business.
Structured settlement agreements must be approved by the court to protect the plaintiff. Features will vary depending on the insurance company that buys the annuity, and where they buy it from. Some of them will offer a lump sum payment in conjunction with periodic payments, while others will offer periodic payments that increase or decrease over time.

Lump Sum vs. Periodic Payments

Lump sum means you’ll get a percentage of your settlement on a certain date. Periodic payments mean you will get a certain amount of money every month for a certain number of years (sometimes for life) as per the annuity agreement.

Can I have a lump sum and periodic payments?

Yes, some annuities do allow for this. The lump sum is given at the beginning to help you with legal fees and medical bills, while the periodic payments are intended to support you while you cannot work.
If you have any questions or concerns about structured settlement annuities, talk to an experienced lawyer in your area. If you already have one and are interested in selling all or part of your remaining payments for a lump sum of cash, then you will still need to talk to a lawyer, because all transfers of annuities must be approved by the court.
Read More...