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How to Get Cash for a Structured Settlement

If you received an award in a personal injury case, you may have opted to receive a series of periodic structured settlement payments rather than receiving a lump sum of cash up front. The payments are usually received as a...

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A Structured Settlement May Not Be the Right Answer

Structured settlements are great at providing long term financial security to personal injury victims. Structured agreements provide predictable payments that are received tax free. Usually an agreed upon structured settlement payment plan is well thought out and it does not makes sense to change it. However in some cases a financial or family emergency can strains the financial resources of the injured party and in those moments some people choose to sell structured settlement payments for cash.

In emergencies the structured nature of settlement payments becomes restrictive and does not accommodate the flexibility needed to address major financial emergencies. If you find yourself in this position it is wise to seek the help of professionals including structured settlement brokers, lawyers, and financial advisors. You will want to learn as much as you can and also to compare the offers of several companies before you make any decision. Remember you are in control, make an informed decision that is right for you.

Legal Aspects of Getting Cash for a Structured Settlement

If you have ever considered getting cash for your structured settlement, you may first want to contact a lawyer and financial advisor. There are specific regulations in most states that restrict the sale of structured settlements. You will also need...

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Please consult a licensed insurance agent, securities broker, lawyer, or structured settlement professional for advice regarding your personal situation. This website is for informational purposes only and does not constitute professional, legal or financial advice. Content on this site may be out of date or inaccurate. This website does not provide nor is it licensed to provide structured settlement products, investment products or legal or investment advice. Always seek the advice of licensed professionals.