Information on Using Structured Settlement Money for Today’s Needs

Structured settlements represent your victory in court over the individual or company who caused you injury. Most structured settlements are the result of a personal injury case, or a liability case (but that’s not necessarily always the case). The structuring of your settlement was done for a number of reasons, including to help ease the financial burden on the defendant, and it was also based on your needs at the time, but needs change. Can you use structured settlement money for today’s needs?

Changing Needs

Life is all about change. Hopefully, those changes are for the better, but all too often, they’re not. For instance, if your settlement came about as the result of a personal injury, your payments certainly helped pay for medical bills at the time. But what if you’ve now lost your job due to your injury? What if you’re facing foreclosure on your home? In instances like these, it would be nice to have a lump sum of cash, simply because those monthly payments aren’t enough to meet your financial needs today.

How You Can Change Your Circumstances

While you can’t go back in time and revisit your original settlement case, there is a way that you can start using structured settlement money for today’s needs. You can sell part or all of your payments to a company that buys structured settlements and get cash up front. How does this work? It’s at once simple and complex.

Viatical Settlement- Receive a Lump-Sum of Cash for your Life Insurance Policy

New to the solution market is the term called 'Viatical Settlement'. A Viatical Settlement provides a terminally ill person the opportunity to sell a life insurance policy for a cash settlement. It provides you peace of mind knowing that you have your earned cash in hand relieving all of the needless fears of caring for your family and the mounting bills that can be left behind. Planning for the future is now knocking on your door.

Viatical Settlement gives you the opportunity to get that needed cash so that you can live the rest of your life the way you want to live it. Your life insurance settlement gives you a lump-sum cash payment now instead of later. It gives you control of your money. Money doesn't have to dictate how you will lead your life any longer.

The determined amount of your life insurance settlement is determined by the length of time you have been paying on it as well as how much you have invested in it.

A life insurance policy is something that we all pay into throughout our lifetime, but we never reap the benefits from it. Most often, the family is responsible for everything you leave behind.

Viatical Settlements gives you more control of your financial well-being. The money you receive now will contribute to the way of life you may have once dreamed of. Why not take a moment to fill in the information to the right. There is no cost or obligation.

If you would like to receive a lump-sum cash payout for your life insurance policy please complete the form above or call 888-665-1257.

Information on Deciding Whether to Sell Annuity Payments

Annuity payments can be lifesavers – they provide ongoing financial support and stability. However, there can be times when those payments are simply not enough to help you meet your financial obligations. It would be nice to have the entire lump sum that your annuity entitles you to, but how can you go about doing that? One option available is to sell your annuity. Below, you’ll find information to understand when deciding whether to sell annuity payments or not.

It Will Take Time

One of the factors you’re going to have to consider here is time. If you’re pressed for cash right now, then selling your annuity might not be the right decision. The process does take time – generally about 30 days, though sometimes it can be longer depending on your situation, local jurisdiction and the court’s decision about selling the payments. When deciding whether to sell annuity payments, the time factor should certainly be considered. If you cannot wait, then you should look into other options.

A Range of Options

When deciding whether to sell annuity payments, you should also take the time to determine exactly what you want to do. Do you need a small amount of money to make ends meet? If this is the case, then you can sell only part of your annuity. If you need a larger sum of money, you can sell a larger share of your annuity, up to the entire amount due you over time. If you decide to sell your entire annuity amount, you will no longer be entitled to any payments beyond the lump sum offered by the purchaser.