Comments on: Thinking about selling my structured settlement annuity payments for cash – are there any penalties involved?

By: Selling

Selling — Fri, 01 May 2009 07:07:59 +0000

If by penalty, you mean a discount on the value of your structured settlement, then yes. The cash you will receive up front typically is worth approximately 50% of the value of your total payments – but shop around, as you may find some buyers offer much better terms than others.

There are only a few cases where it makes sense to sell your structured settlement payments – if you are very skilled with outpacing inflation through investments, have a business you want to invest in, or if you have a short life expectancy and want to simplify estate planning, to name a few.

Check below for more pros and cons to selling your structured settlement.
References :
http://settlementselling.com/cash-for-my-structured-settlement-should-i-take-it/

http://settlementselling.com

By: DeeDee

DeeDee — Fri, 01 May 2009 06:53:59 +0000

the company will take up to 50% for themselves, in order for you to get a lump sum settlement.
References :
law office

By: amontef

amontef — Fri, 01 May 2009 06:40:59 +0000

Check into a company like below.
References :
http://www.jgwentworth.com/Annuity/Annuity-Purchase-Program-Process.aspx

By: john n

john n — Fri, 01 May 2009 06:03:59 +0000

The premise behind such a transaction is that you would prefer a large lump sum payment as opposed to many smaller payments over a period of time. This "convenience" comes at a price, however. Typically you can expect to lose 20 to 40 percent of the total monetary value by doing such a transaction.
References :

By: skiairplane

skiairplane — Fri, 01 May 2009 05:57:59 +0000

I am not sure of penalties, but they do charge a fee and to my knowledge they are high fees.
References :