Archive for: January, 2012

Actos Lawsuit

Actos Lawsuit

Actos Lawsuit News – 1/26/2012: Surgery can be as effective in elderly patients as in younger patients, but it does have a higher rate of postoperative complications in older individuals who have other medical problems (commodities). Elderly people are particularly sensitive to long-term complications, lilce the metabolic dis­turbances that can follow urinary diversion. In those [...]

What happens to Your Structured Settlement if You Go Into Bankruptcy?

What happens to Your Structured Settlement if You Go Into Bankruptcy?

Even with a sizable legal settlement, with the nature of the unique profit-driven medical care system in the U.S. and its ever increasing costs to patients, it is still possible for a plaintiff who has been severely injured in an accident or due to a defective product to wind up in bankruptcy court. In fact, [...]

If an Individual Dies, What Happens to Their Structured Settlement?

If an Individual Dies, What Happens to Their Structured Settlement?

This generally depends on the nature of the structured settlement. If it is initially set up to compensate the recipient for the duration of his or her natural life, then naturally these payments would end with the passing of the measuring life. Obviously, this is the preference of defendants in personal injury lawsuits, since their [...]

How to Differentiate the Scammers from the Real Structured Settlement Buyers

How to Differentiate the Scammers from the Real Structured Settlement Buyers

It seems that every day, more and more advertisements or websites for the same products and services are appearing on the Internet.  The abundance of options might appear to be a benefit to consumers, but a closer look reveals that more players may only result in unnecessary confusion.  Some advertisements are for legitimate structured settlement [...]

Selling Your Structured Settlement: Avoiding Rip-offs

Selling Your Structured Settlement: Avoiding Rip-offs

It’s no secret that in America today consumers have come to doubt the ethical standard by which Wall Street and financial institutions abide.  Certainly the events beginning in 2008 have caused many to question the effectiveness of the rules and regulations governing many financial products.  While very few individuals such as Bernie Madoff have gone [...]

Annuity Payments vs. Lump Sum Payment: Tax Implications

Annuity Payments vs. Lump Sum Payment: Tax Implications

The U.S. Internal Revenue Code (“IRC”) is far from simple as most of us are aware, and consists of several thousands of pages. It is also constantly changing. This complexity and state of constant flux is not necessarily a bad thing however. In some cases, it can work to one’s advantage, particularly when it comes [...]

Getting The Best Deal For Your Structured Settlement

Getting The Best Deal For Your Structured Settlement

It goes without saying that anyone who offers to buy your structured settlement and annuity for a lump sum are in business to make a living – nobody does this out of the sheer goodness of his or her heart. As with every other financial transaction, there are going to be fees involved, which are [...]

Secondary Sales of In-Force Annuities and In-Force Structured Settlements

Secondary Sales of In-Force Annuities and In-Force Structured Settlements

In-force Policies: Annuities and Structured Settlements The secondary market for in-force annuity and in-force structured settlement policies handles the buying and selling of existing or “in-force” policies. This is different from the primary marketplace, where annuity policies are issued by life insurance companies in exchange for a premium payment. Selling Payments for Lump Sums Often, [...]

Four Facts About Selling Your Structured Settlement Annuity Payments

Four Facts About Selling Your Structured Settlement Annuity Payments

There are many valid reasons to sell a structured settlement, including paying off credit card debt, settling medical bills, starting a new business or paying for rising education costs. If you are considering selling your structured settlement annuity payments, here are the four most important facts to consider. 1.  You don’t have to sell all [...]

Characteristics of Structured Settlement Payments

Characteristics of Structured Settlement Payments

There are “guaranteed” structured settlement payments and there are “life contingent” structured settlement payments. Guaranteed structured settlement payments are payable for a fixed period of time regardless of whether the annuitant or payee is living. If the annuitant or payee is no longer living, payment will be made to the payee’s estate or beneficiary for [...]

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