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

If you have an annuity from a court settlement or lottery winnings, you may want to consider selling it.  Maybe those payments coming in over a longer-term seemed like a great idea, it is reliable income but maybe that isn’t the best way to get that money.  Selling fixed annuities is a great option for a lot of people who need to use that cash in the shorter term.

Reasons for Selling Fixed Annuities

Purchase a Home or Make Home Improvements: Homes frequently increase in value over time.  Some sell a fixed annuity and use that money to buy a house without a mortgage.  The average mortgage lender will require a downpayment of 5, 10 or 20% of the price of the house and this has to be cash.  This is the most expensive purchase most people will ever make.  In 2010, the average p