Archive for November 20th, 2015

Three Times When You Should Sell Your Structured Settlement

Selling your annuity

Do you receive annuity payments from winning the lottery, a lawsuit settlement, or that you inherited from a deceased family member? A structured annuity settlement is a fixed payment that is made to the you on a regular basis (usually monthly or annually) to provide for your needs after an injury, retirement, or for lottery winnings.

While everyone likes having a little extra cash flow in their budget, sometimes it makes more sense for you and your family to sell fixed annuity payments and use the lump sum to improve your overall financial health. The average value of a structured settlement is $324,000; as with any asset of that value, the decision to maintain or sell fixed annuity settlements is something you should not take lightly. Of those who decide to sell fixed annuity settlements for a

Read more ...