While in theory, a structured settlement seems like it will provide a recipient with a long-term source of income, i.e. an annuity, often times it does not hold water in the real world. If you or someone you know currently received structured settlements, you understand that you may not be able to keep up with hospital bills and regular living expenses as you may have missed a considerable amount of work.
Additionally, small weekly, monthly, quarterly and even yearly payments may not allow you to make a down payment on a home, car and even schooling for your children. With that said, we may be optimal solution as we purchase structured settlements and pay a lump sum cash in return. You can sell a portion or even all of your structured settlement. It is up to you.
If you think you or your financial planner can reinvest your lump sum cash at a higher interest rate than you will pay when you sell your structured settlement, it really is a no-brainer. Our structured settlement, lawsuit loan and lottery funding professionals will determine which lump sum payment option is best for you. You may think that selling half of your settlement over half the years is more beneficial than selling a quarter of your settlement over the full life of the annuity.