How to Sell Structured Payments
Submitted by Uncle Admin on Wed, 2005-11-30 15:29. Selling, Transferring, Factoring, Discounting | Lump Sum Cash Payments | Specialists, Brokers, and Consultants | Structured SettlementsIn order to sell your structrued income stream, and to get the most value out of it, it is essential to consult with a professional who is highly experienced in properly assessing the true value of your structured settlement, and well versed in the entire process involved.
Selling of structured payment revenue stream is considered to be a significantly complex process. It is important, therefore, to hire a structured settlement professional well versed in all the financial and legal processes involved.
It is imperative to ascertain that the professional that you are going to retain to help you with the annuity Transfers is has:
- years of experience in structured settlement /annuity transfer transactions,
- been in the business for several years,
Welcome to Structured Payments Resource Center
Informational Resources | Annuity ProductsStructuredPayments.Org is pleased to bring you the latest on all facets of structured payments -including the following:
- How to Sell Structured Payments,
- Annuity funding,
- Lottery lump sum payment,
- Insurance settlements, and
- more...
When you cash out a Structured Settlement Annuity or an Investment Annuity, you usually receive a single lump sum payment, or several accelerated payments.
Depending upon whether you have an investment annuity or a structured settlement annuity, you may or may not have a right to sell off (or assign) your annuity to someone else. Strictly speaking, in most cases, such annuities are not actually owned by the holders. They usually have a right to receive periodic payments against the same. Such annuities are usually tax free, and often do not allow the holders to sell it off or to assign it to someone else without a prior judicial approval. In many cases, a sizable amount of excise tax may have to be paid if such an annuity is sold or gets assigned to someone else. It is important, therefore, to consult with a financial advisor, or an investment attorney specializing in applicable laws.