Archive for December 3, 2015

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