Archive for December, 2015

3 of the Most Common Reasons Why People Need Extra Cash

Written by Chris on . Posted in Living expenses, Request cash prior to your case being resolved, Settlement recipients

Cash needs

Getting cash for your settlement now or cash for annuity payments might seem like a weird way to pay off your bills, but it’s actually a smart move considering the nation’s financial standing.

As things are now, about 62% of Americans are unable to cover any unexpected expenses should they arise. According to a recent survey, only 38% of Americans said that they could cover an unexpected trip to the emergency room with the money they have in their accounts. In other words, there are about 197 million people who are unprepared to absorb the cost of an illness or injury, or repairs to their car or home.

To help you get a better idea of

How to Sell a Structured Settlement Lump Sum

Written by Chris on . Posted in Annuity, Lottery annuity, Sell your structured settlements

Structured settlement annuity benefits

The American justice system is dedicated to the protection of each and every American citizen’s freedoms. In the case of civil lawsuits, someone has been wronged and is entitled to compensation. In order to avoid the need for legal action, up to 92% of cases settle outside of court. The average employee lawsuit paid out an average of $150,000; medical malpractice lawsuits paid out a combined $3.6 billion in 2013.

Structured Settlement Annuity Benefits

A structured settlement paid out in the form of an annuity provides the claimant with a yearly check to live on. For tax purposes, a structured settlement can save someone between 25-25% in state and federal taxes on interest income that would have otherwise been subject to tax — this varies depending o