Structured Settlements are negotiated insurance or financial agreements from where the claimant enters into an agreement to resolve a personal injury legal claim by receiving a part of the settlement in the form of payments over an agreed schedule, rather than receiving the full payment at once.
Annuities consist of previously agreed upon insurance contracts that guarantee to pay you a regular income either immediately or in the near future. You can purchase an annuity with a series of payments or a lump sum. Annuities can be obtained in three primary varieties: Indexed, fixed, or variable. Each option comes with its own level of risk and potential payout.
When winning a lottery you are usually given two options between a one-time payout or a long term monthly distribution of your winnings. If you select the long-term payout in the form of an long term annuity and it is not providing the needed funds we may be able to help you sell your lottery payments for a fast lump sum of cash.