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Advantages of Lump Sum Payments
Plaintiffs who have suffered a personal injury are often entitled to a settlement, which can be handled in a few different ways. With a lump sum payment, a plaintiff receives the entire settlement all at once upon the resolution of a case. Lump sums can be...
Benefits of a Personal Injury Structured Settlement
If you were awarded a settlement because of an injury you suffered, you likely have many questions about how this money will impact your taxes, existing benefits, and financial future. You can receive a lump sum from your settlement and decide how to invest it all at...
Tips for Preparing for Tax Season
If you’re like many Americans, you dread putting together the documents and filling out all the required forms to file taxes. But if you’re anticipating a refund this year, all of those headaches might be worth it in the end! Of course, the best way to get ready for...
Annuity Settlements vs. Lump Sum Payments
If you have been involved in a minor or moderate personal injury case, it might make the most sense to take a lump sum payment to resolve your claim. However, annuity settlements are often recommended for cases that involve serious injuries and that require ongoing...
Basics of a Personal Injury Structured Settlement
In the American court system, most personal injury cases settle out of court before going to trial. Many of these settlements are paid all at once; however, another option is to receive payments spread out over a period of years. With this option, part of the...
What are Annuity Payments and How Do They Work?
If you don’t work in the financial industry or you haven’t received a settlement before, you might be a little unclear about what an annuity is and how it works. The purpose of this article is to clear up any misunderstandings that you may have about any type of...
4 Benefits of Getting Cash for Annuity Payments
Annuities pay out income over a regular schedule, usually for years or even a lifetime. These scheduled payments are often used as a source of income in retirement. Once you have your money in an annuity, you cannot withdraw it early without paying fines. Selling your...
Advantages to Lump Sum Payments
Receiving your money in an annuity or structured settlement is a relief when it comes to knowing you have income for the long term. Guaranteed income for life is an attractive deal when you first sign the contract for your payment schedule. However, life's changing...
How Periodic Payments Work When Selling Your Annuity
Selling your structured settlement or annuity puts cash in your hands to use for your financial needs now. A structured settlement annuity is an arrangement for you to receive a series of payments over time, based on a schedule you determine. Once you sign the...
Top 5 Things You Should Know About Structured Settlements
Many personal injury cases end in a settlement for an amount of money paid to the plaintiff. But instead of receiving a lump sum, many choose to receive a structured settlement. A structured settlement is a series of periodic payments scheduled to pay out over a set...