You’re giddy with excitement! You have just received a sizable settlement from a lawsuit or a lottery. You happily think of the credit card bills you will pay, the things you need that you can finally have, the chance to eliminate debt. But…your smile fades when you find out that the money you had been so overjoyed to receive will only reach you in a slow trickle over a period of as many as 20 years.You’re not alone — the average household earns around $600 in awards, but often sees as much as $200 of it unredeemed. And, 65% of people in an AIG survey stated that they would rather prefer a lump sum than structured payments. Continue Reading No Comments
Why exactly are so many people choosing to sell their structured settlements and get cash before settlement payments are sent out?
There are plenty of reasons why people end up with a structured settlement but don’t exactly want to continue receiving payments through it — from winning a lottery annuity to receiving a settlement after a car accident, there are plenty of reasons why you might become the unwitting owner of a structured settlement. The good news is that you don’t have to be stuck in your settlement agreement forever!
If you need some motivation to sell your payments — or if you aren’t sure how you can use your m
Commercial real estate is defined as space that is used exclusively for business purposes. In 2012, the total value of such property in the United States was estimated to be more than 12 trillion dollars. The holdings of the Real Estate Investment Trust for hotels and motels alone totals about $8.7 billion.
If you’re considering using the services of a commercial real estate investment company, you probably already know that owning commercial real estate offers many advantages, the greatest of which is the ongoing positive cash flow that accrues to you from renting or leasing the purchased property. And as you continue to own them, your real estate holdings can be expected to appreciate in value – developing equity that you can use to make other investments.
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If you have cash bound up in an annuity, a settlement, a lottery winning that you won; then you probably want the cash from it sooner rather than later. When you need extra cash
Settling Your Cash Lump Sum
When you go to settle your cash lump sum and get your Continue Reading No Comments
If you have found yourself in the middle of an ongoing investigation that will result in a settlement for you once it is all wrapped up, you will want to read on. We all know that when it rains, it pours so it should not really be that surprising if, of all the things that can catch you up in legal affairs, your case has you out of work or for some reason, with financial difficulty. Here are just a few reasons you may find yourself looking forward to a settlement:
- A car accident that was not your fault.
- A loved one has passed, leaving a will that you are in.
- You won the lottery.
- Worker’s compensation.
- Injury outside of work caused by someone else.
- Passed due alimony dispute.
These are just a few reasons, and look: four out of those
Have you considered selling your structured settlement?
Perhaps you’re unaware that with an annuity, lottery winnings or legal award you have the option to receive a lump sum settlement instead of waiting for the funds to come in over time.
Essentially, that means getting cash now instead of receiving payments. And there are things to consider before you make that decision.
Selling your annuity can give you instant money to make positive changes in your life. By selling a structured settlement, you could save 25 to 35% in state and federal taxes payable on its taxable interest income. And annual fees for annuities can be as high as 3%. When you take an early
If you’re thinking about selling your annuity or selling your structured settlement, you’re already on the right path for reaching a more flexible and stable financial future! Selling your annuity can be a good way to gain control over your money without paying ultra-high fees for early withdrawals, and the entire process is conducted safely and securely in court. Here are just a few interesting numbers behind the processes of owning an annuity or structured settlement, and selling your annuity:
$3.6 billion: The total amount of money paid out in structured settlements just during 2013 because of medical malpractice lawsuits.
$6 million: The average amount of money each year which is used to fund new structured settlements — from car accident sett