Friday, June 09, 2006 

Structured Settlement Annuity: What Is It And When To Use One

It happens every day. What starts out as a seemingly normal day for thousands of people turns into a nightmare when an unexpected mishap occurs that can change someone's life forever. A car accident, a simple medical procedure gone wrong, an altercation with someone. These events alter the courses of peoples lives every day.

What if it happens to you? What if suddenly due to someone else's negligence you were unable to continue to work?

Naturally, you'd want to be compensated for this hardship. What form should this compensation take? A lump sum payout or structured payments over a set period of time?

First and foremost you need to hire professional representation. to help you get through the court proceedings. Once you are through, it may be determined that the damages owed to you should be paid out using a "Structured Settlement Annuity."

But what is a structured settlement annuity?

Simply, A structured settlement is an agreement between a plaintiff and a defendant under which the injured person (plaintiff) receives damages in the form of a stream of periodic payments purchased for the plaintiff on behalf of the defendant.

Over the years these have been shown to effectively meet a plaintiff or claimant's need for security.

Why should you use one?

There are a number of reasons but the first two are that it prevents an undisciplined spender from going through a lump sum payment too quickly.

The other is that if you use a structured settlement annuity that provides periodic payments, the claimant is entitled to significant tax relief that receiving a lump sum payout does not.

A structured settlement provides security over time that a lump sum payout simply cannot.

It is important to note, that the security of the payments is only as strong as the financial strength of the company that issues the annuity. Therefore, care, research and seeking out trustworthy advice is paramount when choosing a financial institution to issue the annuity.

Michael DeGeorge has done extensive research on structured settlements and shares a wealth of information on his website Download your free Structured Settlement Annuity information today from

Wednesday, June 07, 2006 

Life Settlement: Receive the Highest Payment

A life settlement also known as a life insurance settlement, senior life settlement, or a senior settlement is quickly becoming a beneficial option for senior citizens across the nation. Life settlements allows senior to cash in their life insurance, but in a new way. Instead of cashing in their policy with the original life insurance company, they can work with a life settlement broker to cash in their policy with a financial institution that will pay more than their insurance company’s surrender value.

Seniors nationwide are quickly learning that surrendering their life insurance policy to their insurance company will not always reward them with the highest payment. Many insurance companies offer a low cash value and some policies don’t have cash value at all. Life Settlement brokers and companies have the ability to do a brief analysis to determine if the settlement will be greater than the cash value. Life Settlements also do not require any obligation, costs, medical exams, or hassles. Seniors can find out the true value of their policy through a Life Settlement and do not have commit to selling the policy.

The life settlement broker will take a basic application and then find out the value of the policy, if the life settlement amount is not what the senior expected or is too low, the senior does not have to move forward. There is no risk involved for the senior. Another key benefit for seniors and financial professionals utilizing a life settlement broker is the financial resources. A broker will use a handful of financial institutions and investors to find the highest payment for the policyholder. Brokers will also use the power of negotiations to the net policyholder a higher payment.

A life settlement can be a wonderful financial planning tool. It is however important to take the correct steps to receiving the highest settlement payout. The process can be completed quickly once the initial analysis has been completed on the policy and the policyholder.

Insurance agents, accountants, and financial professionals can also work with a life settlement broker to assist their clients with the process. A financial professional not offering a settlement option to a policy holder who is going to lapse or surrender their policy is not following their fiduciary duties.

Grant Shellhammer is located in sunny Orlando, FL. He is a licensed insurance agent and affliate Life Settlement Broker with Life Settlement Pro. Grant works with senior citizens and financial professionals nationwide to receive the highest available offers for their life insurance policies.

Contact details:

Saturday, June 03, 2006 

Get Cash Flow For a Structured Settlement

There are various companies that offer a lump sum payment in exchange for cash flow streams generated by structured settlements. Beneficiaries of structured settlements often have to sell settlements when faced with an urgent or near-term liquidity need.

The process of selling structured settlements begins with understanding one’s requirements and the immediacy of the need. This can be done with the help of a financial advisor. In fact, in several states in the U.S, it is mandatory to take legal advice before selling a structured settlement. Brokers who are knowledgeable about the court procedures involved in the sale of a structured settlement can be of great help. Brokers are in contact with numerous settlement companies and upon understanding a seller’s unique requirements they can guide the seller to the most appropriate settlement company. Either with the help of brokers or by searching online, one can select a financial institution that appears to offer the best price for the structured settlement at minimum cost and in as less time as possible. Sellers should also check the prospective buyer’s credentials, the rate of interest they offer, and their record for prompt payments.

Sellers are usually required to fill an application form that provides the buyer with necessary information such as amount required, nature of the structured settlement, and the insurance company. Upon approval of the application, the buyer forwards closing documents to the seller. These should be studied and understood by the seller with support from his financial advisor. Once the provisions mentioned in the closing documents are met, the funds are released to the seller. The insurance company is made aware of changes in ownership of the structured settlement. The receipt of cash flow by the seller is subject to court approval. The court assesses the seller’s circumstances and then decides whether the sale is in the best interests of the seller and his dependents. A court approved sale of structured settlements is tax-free for the buyer and seller.

The cash flow received in exchange for the structured settlement is minus the buyer’s fees and other expenses such as broker commissions, application fees, and legal expenses. These costs are not out-of-pocket expenses for the seller nevertheless they should be carefully considered with respect to different buyers and the maximum amount that can be obtained by the sale of a minimum number of structured settlements.

Herbert Hodges recommends you visit for more information on how to get cash flow for structured settlement.

Friday, June 02, 2006 

Get Cash From a California Structured Settlement Company

There are many resources online that offer detailed information on California structured settlement companies. A person wishing to sell his structured settlement should visit these sites so that his selection process becomes easier. The free quotes offered online help the seller to find out the minimum that he can get on the sale of his structured settlement.

California structured settlement companies purchase structured settlements from individuals and have business relations with insurance companies all over America.

A seller can receive a lump sum payment from the settlement company only after the sale has been approved via a written court order. The court order states that the sale is indeed in the best interests of the seller and his dependents. Various sections of California state law need to be met before the lump sum can be transferred. The seller should initiate the sale process keeping in mind that it can take a minimum of thirty days from the day the seller signs an agreement selling his rights to the structured settlement. Sellers are free to cancel the agreement before the court approval takes place

The purchase of a structured settlement by the buying companies is done on the basis of the effective equivalent interest rate; therefore sellers should scout the market for buyers that offer the best rates. The process of obtaining cash from a California structured settlement company involves several expenses such as commissions for the brokers, application fees, service fees, closing expenses, fees incurred during the legal procedure, and notary fees. These expenses are usually borne by the structured settlement company.

Sellers should approach a financial advisor only after doing their homework so that they can obtain maximum benefit from their advice and clinch a deal as early as possible. This is because under California law, independent professional advisors such as certified public accountants and actuaries, who advice claimants on the legal and financial implications of a settlement sale, have to be paid their fees even whether or not their advice results in the sale of a settlement.

Sellers and buyers should take note of the fact that a structured settlement sale without a court order can attract a hefty tax for both parties. It is imperative that sellers be on their guard while dealing with buyers; there is a process involved in the sale of a structured settlement and if a buyer suggests anything to the contrary, it is best to avoid him.

Herbert Hodges recommends you visit for more information on finding a California structured settlement company.


Eagle Funding Resources Inc. – Is Becoming the Leader in Structured Settlements

Eagle Funding Resources Inc is the largest company in the area specializing in turning future payments from structured settlements, annuities, real estate notes and other assets into cash now.

Human beings dream. It's hard-wired into the system. At Eagle Funding Resources, they know something about dreams too. Some dreams are possible with nothing but sweat, talent and hard work. Those are good dreams. But dreams often require money. And very often the traditional sources of capital available to ordinary dreamers are limited.

That's why there's Eagle Funding Resources Inc. The fact is, people who have certain financial assets are often forced to wait to receive the full value. The asset may be a structured settlement or a private mortgage note or even an inheritance stuck in probate.

Now there's a way to take that guaranteed future asset and turn it into a guaranteed present asset - cash. And that's why more individuals have come to Eagle Funding Resources Inc. to finance their dreams. So dream on - dreaming is good.

Walter F. Leach the founder moved to Fredericksburg 10 years ago to raise his son Matthew. Who as an ’05 graduate of Chancellor High School assists in the daily operation of helping others Dreams come true. Eagle Funding Resources Inc is currently doing business from New York to Florida and constantly reaching out around the country.


Walter Leach

About me

  • I'm The Structured Guy
  • From Mandeville, Manchester, Jamaica
  • A writer and web designer who has a profound interest in numerous topics and likes to share them with others
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