Buying Structured Settlements
The last thing you want to do is select a company to buy your structured settlement that does not have adequate knowledge in this area.
Buying structured settlements. Each structured settlement annuity is a bit different in terms of the payment structure but buying one or more for your ira can allow you to set up a high yielding payment stream that is aligned. The nssta or national structured settlements trade association works with more than 600 licensed insurance companies brokers and other parties in the industry of supervising structured settlements. We do not solicit annuitants to sell their payments. Summary if you adhere to the simple rules of buying structured settlements as outlined above then the process of investing and benefiting from the regular periodic payments should be straightforward.
The businesses and individual investors who buy structured settlements form a highly regulated and competitive industry known as the secondary market. We recognize the guaranteed security that a structured settlement provides and we work with structured settlement brokers and attorneys to develop financial solutions that provide cash flow to annuitants while considering the big picture. Buying structured settlement requires contacting a settlement broker to aid in locating sellers to discuss the deal. Please click here to read about recent developments in the factored structured settlement fss industry.
Most people think selling and buying pre existing structured settlement payments is a daunting process. Your protection is also the reason you must have your sale approved by a judge. The possibility of buying structured settlements and benefiting from their periodic payments may depend upon where you live and the terms of the underlying annuities. Join the fss update list sign up to receive important updates and developments on the factored structured settlement fss industry by email.
Buying a structured settlement is a complex legal and financial undertaking. The terms of your settlement and the laws in your state will determine whether you can sell your payments. A structured settlement purchaser is often an investor. The potential for delays stress and dissatisfaction is tremendous.
Strategic capital is committed to responsible post settlement planning. State laws that fall under the structured settlement protection acts are intended to protect settlement recipients from unethical structured settlement buyers. The injured party who currently holds the structured settlement must go before a judge for approval since it was initially a legal settlement. These companies get money to people who need it quickly.
Also known as buying structured settlements or structured.