Buyer of structured settlement annuity #buyer #of #structured #settlement #annuity, #structured #settlement


Buyer of Structured Settlement Annuity – Wondering if you should always avail a lump sum or take your whole annual annuity payment? If you need a lump sum of to invest in your life right now, selling your annuity payments is always wise choice. It could help bring you out of total abyss of debt or deal with urgent need with cash, including medical expenses, home and car purchase or even education. You can sell either a part with your annuity settlement structure or all of it, depending on total your needs. Here are the five most important tips, which is you can use before you sell your total structured settlement annuities for cash:

1. Research for Finding a Reputable Buyer

You need to scrutinize the total private investor, who is ready to buy your full structured settlement. Read more about their options and also testimonials to determine what clients say about them before you always choose their services. Check if they are a member with the Better Business Bureau. You need to be sure that whenever you are getting the most value for your settlement.

2. Ask for Certification

Conversion of your annuity for a lump-sum payment with unregistered and illegitimate companies can leave you helpless and also without the cash you need. If you do not understand the full ramifications, you are susceptible to scams and also might end up with very low cash or no cash at all! It helps to consult full of a legal advisor, stay alert and choose a trustworthy firm when you have decided for sell your structured annuities.

3. Know Your Rights

It helps totally contact a legal advisor to determine what the law permits and what rights you are entitled to, before you sell your structured with settlement annuities. To begin with, selling your structured settlement is completely a legal process also individuals have been buying and selling them for years. Most states in the U.S. allow you for sell your structured annuities in a risk-free manner. Financial advisors will help you determine what all the law of your state permits and ascertain your rights too.

4. Have a Long Term Plan

Evaluate your current of financial standings, determine the obligations, your plans for the future, and consider if selling all and a part of your structured settlement can to help you meet your goals.

As with any other financial transaction, it is always important that you seek expert advice and also several opinions before you agree for sell your annuity payments. Most companies will give you totally a free quote. Take a look at several offers and also determine if it is worth selling you structured settlement annuities or not.

buyer of structured settlement annuity


Member Firm Directory #nasp, #settlement #purchases, #settlement #transfers, #structured #settlements, #secondary #market


Member Firm Directory

123 LUMPSUM, LLC
3625 Broward Blvd, 2nd Floor
Fort Lauderdale, FL 33312
USA
877-966-8669
www.123lumpsum.com

Annuity Transfers Ltd.
1800 Preston Park Blvd. Suite 115
Plano, TX 75093
USA
972-952-0260
www.annuitytransfers.com

BofI Federal Bank
4350 La Jolla Village Drive, Suite 140
San Diego, CA 92109
USA
858-649-2581
www.bofi.com

CBC Settlement Funding
181 Washington Street, suite 375
Conshohocken, PA 19428
USA
215-542-2130
www.cbcsettlementfunding.com

Client First Settlement Funding
301 Yamato Road, Suite 3200
Boca Raton, FL 33496
USA
888-594-1195
www.clientfirstfunding.com

DRB Capital
1625 South Congress, Suite 200
Delray Beach, FL 33445
USA
866-502-1397
www.drbcapital.com

Fairfield Funding
3424 Peachtree Road, Suite C 100
Atlanta, GA 30326
888-943-8637
www.fairfieldfunding.com

J. G. Wentworth
201 King of Prussia Rd, Suite 200
Wayne, PA 19087
800-741-9545
www.jgwentworth.com

Liberty Settlement Funding, LLC
16 NE 4th Street, Suite 210
Fort Lauderdale, FL 33301
855-577-2274
www.libertysettlementfunding.com

Northeastern Capital
Empire State Building, 59th Floor
New York, NY 10118
USA
800-931-8109
www.necf.net

Novation Capital
1641 Worthington Road, Suite 410
West Palm Beach, FL 33409
USA
(888) NOVATION
www.nomorewaiting.com

Peachtree Settlement Funding
201 King of Prussia Road, Suite 320
Radnor, PA 19087
USA
800-821-7773
www.lumpsum.com

Settlement Capital Corporation
14755 Preston Road, Suite 610
Dallas, TX 75254
USA
972-770-7875
www.setcap.com

Singer Asset Finance Company, L.L.C.
2255 Glades Road, Suite 118E
Boca Raton, FL 33431
USA
(800) 670-6777
www.singerasset.com

Stone Street Capital, LLC
7316 Wisconsin Avenue, Suite 500
Bethesda, MD 20814
USA
301-951-8900
www.stonestreet.com

Strategic Capital, LLC
100 Sheppard Ave East, Suite 720
Toronto, Ontario M2N6N5
Canada
416-849-3484
www.strategiccapital.com

NASP Annual Letter


Structured Settlements #structured #settlements #for #sale


Structured Settlements

Chances are your clients are dissatisfied with low-rate fixed annuities and dislike the fees and equity risk of variable annuities.

It s possible, however, to earn yields upwards of 6 percent on secondary market annuities issued by top-rated carriers such as Allstate, MassMutual, Prudential, AIG, John Hancock, MetLife, Berkshire Hathaway and New York Life. These annuities, also called structured settlements, are often promoted online and through print advertisements with call-outs like It s your money! and Don t wait to be paid!

These annuities usually originate as a guaranteed stream of income from a personal injury or medical malpractice lawsuit, or lottery winnings. Recipients that need cash up front sell the guaranteed income to a factoring company often through a court-ordered process. Yields may be 1 to 4 percent higher than annuities in the primary market due to the deep discount the buyer pays.

The price your client pays for the income from a structured settlement is net fees for expenses like due diligence reports. But also consider that the cut and commissions taken by secondary market sellers can run into the double digits.

Currently, one can buy a MetLife annuity with a 25-year term for a $232,000 investment that yields 6 percent. The return on the contract over 25 years is $1 million, according to SMASource.com. a secondary-market annuity website.

Over a shorter term, a client could earn 4.5 percent from a 10-year Berkshire Hathaway annuity for a $33,000 investment with a return of $50,000.

Nathaniel Pulsifer, a Whitefish, Mont. insurance agent and director of marketing for Annuity Straight Talk LLC, a secondary market annuity wholesaler, says that recipients of structured settlements often can t cash out an annuity directly through the insurance company, so they must sell it through a factoring company. J.G. Wentworth is the big kahuna in the secondary insurance market. Others include Somerset Wealth Strategies, Altium Group, Pacific Structured Assets, and Peachtree Financial.

Buying or selling an annuity on the secondary market is not easy. Stan Haithcock, an annuity consultant, says there may be about $1 billion worth of annuities for sale on the secondary market, but hedge funds, private equity and institutional investors swoop in and buy 80 percent of them.

It is a first-come-first-serve market, he says. So if you see something you like, you better move on it. Individual investors, he warns, get a haircut on the price.

Haithcock says that financial advisors need to refer clients to brokers who specialize in secondary market annuities. CPAs and lawyers need to review the tax and legal ramifications of the transactions.

It s kind of messy, he says, noting the market is largely unregulated. Most (insurance) agents are not qualified to sell them. Selling your annuity is not like selling your car.

You need to receive a judge s approval to change the payment rights of the policy. The issuing insurance company needs to acknowledge and approve the change a process that can take a while, he says.

If handled incorrectly, he warns, an advisor involved in the transaction could face a lawsuit.

Kristine McKinley, a financial advisor, says she would not normally recommend any type of annuity to risk-averse clients. She would review all suitable options, based on safety, liquidity and yield.

With interest rates most likely to increase, it doesn t make sense to lock into anything, especially for 15 years, she says.

Another caveat: The buyer is depending on the validity of the court order approving the sale of the annuity. The court approving the transaction must have jurisdiction over the assignment of the annuity and the parties involved in the transaction, including the insurance company or the state lottery commission, according to a report by Pacific Structured Assets.

Only a handful of companies truly compete in this space, so the inventory of secondary market annuities is limited, Haithcock says. With billions of annuities sold every year and trillions already on the books, secondary market annuity offerings will grow. But the market for these investments is for sophisticated investors.


Mirrored pensions, structured settlements, annuities-CBC Settlement #structured #settlement #advance


FINRA and the SEC recently issued warnings about selling pensions, advance companies and structured settlement factoring. While some of the warnings were warranted, the blogging communities as well as the press have been reporting inaccuracies that need to be addressed.

On June 20th, the Detroit Press ran a commentary regarding pension advances, mirrored pensions, lump sum buyouts and structured settlements. The post stated:

“A ‘mirrored pension’ or structured settlement shouldn’t be confused with the one-time lump sum payouts that have been made to former retirees by their old employers, like the General Motors and Ford offers that first rolled out last year.”

First and foremost, a structured settlement is NOT a pension or annuity for that matter. A structured settlement is a financial arrangement that allows court-awarded compensation to be paid in regular installments rather than in one lump sum. These payments provide money for a fixed period or lifetime.

Annuities are financial products that provide a series of payments over a specific period of time such as a lifetime. Annuity payments are paid monthly, quarterly, biannually, or annually and are typically sold by insurance companies. As in the case of a structured settlement, the insurer, or designated third party, purchases an annuity from a life insurance company in order to provide periodic payments to the claimant.

When an individual needs to access some of their future structured settlement payments, they enter into what is called a factoring transaction. Basically they sell a portion of their future payments for a cash lump sum payment. Forty-eight states and the federal government have passed consumer protection statutes establishing strict conditions when an annuitant sells some of their future payments. Court approval to determine that the transaction is in the seller’s best interest is required.

A pension advance does not require court approval and does not offer the same protections as a structured settlement factoring transaction. In addition, lump sum payouts to retirees from employers differ in that they are used to reduce or eliminate their pension obligations. Therefore the discount rates a considerably lower than a pension advance.

The article also mentions that structured settlements are costly to consumers. This is not true as well. Structured settlement annuities have no ongoing administration fees or commissions.

The author also mentions “The products carry various names: mirrored pensions, pension income programs, pension loans, secondary-market annuities and factored structured settlements”.

This also needs clarification. “Secondary market annuities” is a term used to refer to annuity or structured settlement payments rights that are sold to individual investors as the result of a factoring transaction. They have nothing to do with pensions, loans or advances.

When it comes to finances, it is important to do your homework and research your decision thoroughly. Don’t just read one article and assume that the writer is a subject matter expert. Look at multiple sources first, than decide.

If you have any questions regarding structured settlements, annuities and cash lump sum options, call CBC Settlement Funding today at 877-386-3377.

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Structured Settlement Blog #structured #settlement #blog


The real estate market is in demand these days. It is important that you know how to sell your home well in the market especially that it becomes harder each day. It is important that you are able to sell your home right away with the amount of money you want it to be solved. The competition is high especially that the number of properties foreclosure is increasing. That is why most of the homes that are being sold in the market have not yet been sold for long periods of time. Because of the high competition in the market these days, it is important that the methods you use for selling is new and no longer old. That is why you need the help of a private note investor to help you in selling your home fast. You need to take a picture of your home as well and then post them into the internet or in the paper. There are now a lot of home buyers out there who ask help from a good private note investor to help them sell their home right away. The good thing with them is that they know the best marketing strategy to sell your home. Aside from that, they can help you find a good home buyer that has good credit. With the use of these methods, you can see a lot of home buyers who will view your property. You can avoid the economic crisis by using these methods. That is why it is common to find home buyers with some financial problems. Because of this, it is possible to find one who has poor credit scores. Learn how to buy and sell mortgage notes with these steps in http://www.ehow.com/how_6233094_buy-sell-mortgage-notes.html .

If you are a home seller, you need to ensure that you find a lot of prospect buyers to your property. You need to ensure that you can make your property attractive to a lot of home buyers out there. You need to ensure that the you know how to do it. If your buyers have a hard time financing your property, your private note investor will help you with that. This means that the buyer can loan the money to you. If you doubt about it, you can make your research to know more about it. Many home buyers would love this knowing there is no need to get some traditional financing on their part. One of the traditional methods to finance a property is through property loan from the bank. Know more about Structured Settlements Cas .

The attorney will be the one to make the IOU for the Seller Financed Mortgages. The good thing with this is that the buyer needs to pay the property according to the conditions made especially when it comes to payment schedule. You also need an attorney to make conditions for the interest, the duration of the loan and the amount of payment per month.

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