For most people when they buy a house it is considered their life's largest deal. In some cases of structured settlements the compensation and financial considerations for a persons life duration and the total present value of the settlement can reach few millions of dollars. Therefore it is strongly advised to use professional services like annuity consultant and a lawyer specialized in this field in order for you to avoid painful costly mistakes. Here are some tips:
- Think twice before you make a decision. Do you really need that money or you want to feel rich, secure, powerful etc'
- Take only part of the money not all of it, in case of an injury claim the Court needs to approve your request, the judge will want to know what do you need the money for.
- Some Funds will try to convince you that due to Inflation and rising cost of living your annuity payments have less and less buying power over time. Remember that if the Structured settlement was done properly it has a cost-of-living adjustment (COLA) feature build into it in order to offset the effects of inflation over time. So the funds claim on this issue is only partially true as the cost of living index is an artificial and biased measure of the actual inflation over time. Still even 70% protection is reasonable.
- When you get a large sum of money take into account that each bank is F.D.I.C. insured for up to $ 100,000 only! That means that if your sum of money is bigger than that you will need to open additional Account/s in a different bank/s in order to be covered. In addition take into account that as long as you deposit your money in C.D's (e.g. Certificate of Deposit) you are covered, but if you invest your money In fixed income, stocks, bonds, and mutual funds. These securities are NOT F.D.I.C. insured!
- In case you transform Lottery winnings payments or a large sum of money from structured settlement, keep it as discrete as you can, It is not recommended to go and buy a Rolls-Roys or any other flashy car, that will bring the criminals and the charity people to chase you. That might even cause your children start to ask for money. Try to keep it a secret.
- It is a good Idea to get more than one or two offers from various private funds before making a decision, remember you are a very lucrative customer, the funds should fight over you! Don't be timid to negotiate and manipulate them to maximize your money. One of the best and most reputable Funds I know with excellent fast customer service is Sovreign-Funding, You can find there useful information, Fill out their short form and you will get an offer from them with no obligation on your part.
- One last piece of advice, there is a new ebook you can download immediately, It is called "Annuities: The shocking secrets revealed" written by Tony Bahu CEO of AnnuityMD.com, It is a $97 book but it is a very small investment considering how much money it can save you. You can see it here:
The shocking secrets
MBA - International Trade & Finance - Heriot-Watt University. Bsc. Computers and Information Systems - Long Island University - C.W Post Campus. Married with two Children.
http://annuity-structured-settlements.blogspot.com/
to o hare transportation Riverwoods .. Lockport Chicago limo O’HareMany people who know in the back of their minds... Read More
Because it is tailor-made for individual cases, the structure may... Read More
The courts have just awarded you a settlement in the... Read More
A Structured Settlement is an agreement between a personal injury... Read More
What is an IVA?There is an alternative to bankruptcy called... Read More
First of all, let me say that anyone who has... Read More
Ants are powerful creatures. The powerful ant legs are able... Read More
2 key points to stay focused on, as you are... Read More
On January 22,2002, President George W. Bush signed into law... Read More
Structured settlements have been around for a long time however... Read More
Trusts are becoming a popular way to structure business and... Read More
When it comes to discussing offshore anything and US citizens... Read More
You should not cash out your annuity when it's not... Read More
You are receiving payments spread out over months, years, even... Read More
When starting a business, a large number of people go... Read More
Me'Lisa Delaney, 43, is brain-injured as a result of a... Read More
You always hear people talking about the latest investment vehicle... Read More
The self-esteem factor of not having enough money is underestimated.... Read More
Amid fundraisers' growing concerns about the current charitable giving climate,... Read More
Up until twenty years ago, anyone who won a lawsuit... Read More
Often some derelict will be awarded some huge amount of... Read More
Firms can choose whatever mix of debt and equity they... Read More
A structured settlement, which offers injury victims cash payments through... Read More
Have you ever looked around and wondered how everyone is... Read More
I was reading this past week about a woman who... Read More
Cadillac Escalade rental Beaverville ..Because it is tailor-made for individual cases, the structure may... Read More
I was reading this past week about a woman who... Read More
If you have ever been in a bind for cash... Read More
Me'Lisa Delaney, 43, is brain-injured as a result of a... Read More
You should not cash out your annuity when it's not... Read More
First of all, let me say that anyone who has... Read More
Ants are powerful creatures. The powerful ant legs are able... Read More
What is an IVA?There is an alternative to bankruptcy called... Read More
You are receiving payments spread out over months, years, even... Read More
Often some derelict will be awarded some huge amount of... Read More
Firms can choose whatever mix of debt and equity they... Read More
On January 22,2002, President George W. Bush signed into law... Read More
Up until twenty years ago, anyone who won a lawsuit... Read More
A structured settlement, which offers injury victims cash payments through... Read More
Have you ever looked around and wondered how everyone is... Read More
The self-esteem factor of not having enough money is underestimated.... Read More
When starting a business, a large number of people go... Read More
When it comes to discussing offshore anything and US citizens... Read More
There are companies that purchase future payments. Personal injury settlements... Read More
You always hear people talking about the latest investment vehicle... Read More
Are you more likely to have more debt according to... Read More
Many people who know in the back of their minds... Read More
Trusts are becoming a popular way to structure business and... Read More
In recent years, it has become more common for victims... Read More
2 key points to stay focused on, as you are... Read More
Structured Settlements |