Meisterblog

Do you Want To Purchase Structured Settlements?

You always hear people speaking about the latest investment vehicle they are using. It’s water cooler talk, dinner table talk, phone talk, it’s everywhere talk. People are always looking for a way to invest their money that might be a little ‘ unique’ from what others do. To purchase structured settlements is one of these options.

A structured settlement is where one party is awarded an amount of money that is to be paid out over a certain period of time. It is commonly the result of an insurance settlement or a life settlement where the insurance company is required by a judge to pay the victims an amount of money over time.

If you purchase structured settlements this amount of money is now collected by you and you will receive $X.XX per month over the next Y years.

Sell/Purchase Structured Settlements?

Many people who receive monthly annuity payments under a settlement agreement do not understand they can sell all or a portion of their stream of annuity payments in exchange for a cash lump sum. Getting paid this money can be a means to help fund the current life needs of your family. Receiving the cash now rather than waiting a period of a year or more for a stream of inflexible payments structured in the future can be a big help to some people. Factoring is the name of the process of selling ones legal right to receiving future structured payments in exchange for a the present value of that money. This transaction becomes a legal contract with the settlement company.

Companies now offer to pay for your rights to receive future structured payments under structured agreements. These settlement companies offer annuitants the benefit of direct access to cash.