who buys structured settlements -what you need to know

Who buys structured settlement in a nutshell?


who buys structured settlementswho buys structured settlements? The annuity buyer plays a vital role in the annuity sale process. You reach out to different stakeholders with intent to sell your annuity holder, individually reach out. These could become an annuity broker or a company representative. The buyer provides a sale quote of how much they will pay for your structured settlement payments. That is after you provide the number of payments you are looking to sell and the amount you need to raise.

In most cases, the quotes are free and non-obligatory. Later on, the company that buys structured settlement reaches out with all the information you need. Thus, they explain the buying process as their representatives answer any question.

Remember, transferring your right to the future is fair prices that state judges must approve. Selling a structured process entails a lot of paper works, especially the one that is used to file a claim in their state court. Thus, you need your financial advisor and your lawyer to make this process as easy as possible. Besides, you can find someone experienced in structured settlement court proceedings to help along the way. If you have an attorney representing you in the annuity sale hearing, you will cover the cost. But, companies who buy structured settlement provide lawyers for free when you commit to the sale.

As soon as the sale gets approval, the buyer will pay the client the agreed amount. On the other hand, the annuity owner exchanges the future payment for receiving a lump sum now. If the sale delays, you can request a small cash advance as you wait for the approval process that takes up 60 days.


Best Way to Find Structured Settlement Buyers


If you have been looking to sell part or all of your structured settlement, you may have had a tough time locating a company that buys structured settlement. These have always been a challenge to anyone considering selling annuity payments. Also, it has caused a lot of annuity owners to shy away from selling their periodic payments.  So how do you locate a potential buyer? If you believe that it is in your best interest to test the option available, we are here to help. But, you owe it to yourself to find the best annuity buyers. After that, you can get quotes as you figure out exactly how much cash could be on the table for your structured settlement.

According to annuity experts, the first step in the process is to decide if it is right to sell or not to sell. Thus, test your options to determine if a lump sum form annuity sale is right for now. There plenty of options to raise the money you need other than selling your future settlement payments. Keep in mind that some structured settlement does not let you transfer rights at all. Check if your annuity payment falls in that case. Even if your structure settlement has a clause limiting the sale, you can convince the state court to allow the transfer. But, you need to speak to an expert in the sale first.

Courts always rule in the owner’s best interest. Thus you, do not worry if the sale backed by financial reasons. Do not give up just because you are not sure whether it can transfer your structured settlement. If it means the sale to solve an emergency or a better financial need now, the judge will approve. Some states have laws on the books that protect the owners of structured settlements. The law allows you to transfer your periodic payment rights, regardless of what language in the agreement hindering. So, bypass clauses that hinder you from selling.

How to Find the Buyers? who buys structured settlements?


who buys structured settlementThe alternative way to find who buys a structured settlement beat the old one. All you have to do is search “who buys structured settlement near me.” Website such as “StructuredSettlement-Quotes.com” offers pointers to some of the best buyer companies in America.  Visit the website and fill it with the forms to offer information about your structured settlement.  Later on, factoring companies who buy structured settlement payments will contact you for more information. These will include details about the remaining periodic payments and the value of the annuities. Therefore, the potential buyer will get you some great quotes on offers. Soon you will transfer your payments for a lump sum of money. Seek several quotes from companies, as when buyers compete with each other to put in the best bid, and it benefits you greatly.

Also, as you fill in the information, remember your contact details so they can quickly get hold of you. Soon the potential buyer sends over the details on the offers, makes an appointed with your financial advisor to review them. Also, take some time to decide whether you want to accept one offer and transfer your structured settlements.

Furthermore, when you finally decide to proceed with the sale, remember you are not under any obligation to do. But, you can start the quick process that will end with you having a lump sum. On the other hand, you will sacrifice your future structured settlement payments.


What You Should Know When Choosing Between Companies That Buy Structured Settlements


Remember, the choice to accept a structured rather than a lump sum settlement might seem irreversible, but it is not. Most people see structured settlement makes sense on paper. But it does not work well for some. Besides, periodic payments cannot cover all your bills; pay off your education for your kids. That money could be put to use right away in the beneficiary lives. As discussed above, you will find a company that buys structured settlement. So, though you are not locked into the periodic payments, you got an option out. But the transfer comes at a cost (discount rate) that is the business part of the payments.

Yet, what should you know when choosing between companies who buy structured settlements?

Who buys stricture settlement- COMPARE, COMPARE, COMPARE?


The critical aspect to remember here is that not all buyers are the same. The secondary market, just as with any other industry, you will find worthwhile potential buyers. Still, you will find those that should be avoided.

How do you tell the difference of who buys structure settlement? The best way to make an informed decision is to compare the options available. By comparing offers from various compares who buy structured settlement, you get the best offer. You can determine which one offers the best benefits through a lower discount rate.

who buys structured settlements? Key Factors In Your Comparison

There are various vital considerations you need during your comparison. First, understand that different companies that buy structured settlement will treat you differently. You must compare several vital factors. For example, you need to make sure that all the offers in considering comply with the annuity laws. These include state and federal structured settlement laws. Also, you need to make sure you are working with companies that offer a good deal. You need as much cash as possible for your structured settlement. But remember, no company will offer you 100% of the money that you need. You will receive less money than you would eventually receive over the life of your periodic payments. Yet, you can choose one offer that makes it possible to receive most of your settlement benefits.

Also, consider a company that buys only part of your structured settlement. Some companies may push you to sell your future payments rather than the amount you need now. Find a company that allows you to sell just part of your payments to raise cash for your bills or other expenses. When you get enough cash to cover your cash flow needs, keep the rest of your structured settlement payments. Thus, not all companies will allow you to sell only part of your settlement. So it pays to compare the several companies available.


What to Know About the Brokerage


loans for settlementsFind an annuity broker. Although these will cost you a share of the lump sum proceeds, it will help you make an informed decision. A broker helps you resonate when comparing a company that buys structured settlements. Besides, the broker will find the best buyers based on their experience. Ideally, you will choose one that has been in business for several years. Also, the annuity broker makes sure you receive offers quickly. You can then compare those offers to choose the one that best fits your situation and financial needs.

Tax Benefits

According to an article published in Forbes, the top driving factor behind the most structured settlements is taxes. Yes, most beneficiaries of the settlement to avoid taxation through structured settlements. As long as the structured settlement meets specified requirements, the recipient can have the income tax on the money waived. Yet, this arises when some predetermined conditions are met and where the compensation arises. Lawsuit settlement or an agreement for payment under damages excluded from gross income.  It can also be the case when there is a structured settlement arising from a workman compensation claim.

When periodic payment is structured, the plaintiff must receive them in the suit. Thus, who has been given a qualified assignment of those payments after the fact? All of this means the compensation money can be free when those conditions are met.  A tax-free requirement met if it comes from a lawsuit or a settlement to avoid court altogether.

Complicated Parts of the Process who buys structured settlements


To get full tax befits when selling you are annuity payments, there must be a third party set to be the assignment company. Yet, this company that buys structured settlement that is used structures the agreement. But you will receive a lump sum of money from the defendant. Later, they administer the policy and play the recipient under the agreement in place.  As a result, this is a complicated structure. But it is necessary to receive the tax benefits mentioned above.  It is used to provide benefits to both parties involved.

Bottom Line Tips to Get the Most Money Selling Your Structured Settlement


Note that within the structured settlement factoring industry. Every company is not alike. But you need liquidity and have exhausted all other options. As you seek a lump sum of money for the future, the periodic right may be the option. You can leverage the tips below to get the most cash out of your settlement and see who buys structured settlements.

First, check the company rating on the Better Business Bureau. You will find complaints and great positive feedback. Decide whether the company uses ethical business practices.

Second, undertake a Google research on the company. Do you see any client complaints, bankruptcies? Third, get an opinion of outside sources regarding the company that buys structured settlement. You can provide the sources with the data you have uncovered. Sometimes a different opinion can bet better opinion.

Lastly, get several quotes. Do not jump at the first offer you receive. And do not disclose the quoted amount to the potential buyers to offer the best offer possible. Also, consider the closing data guarantee.



  1. National Association of Settlement Purchasers. (n.d.). FAQs About Secondary Market Transfers. Retrieved from https://nasp-usa.com/settlement-transfers/secondary-market-faq/
  2. National Association of Settlement Purchasers. (n.d.). How to Protect Yourself in the Secondary Market. Retrieved from https://nasp-usa.com/settlement-transfers/secondary-market-protection/
  3. National Association of Settlement Purchasers. (n.d.). Structured Settlement Transfers: A Guide to How the Industry Works. Retrieved from https://nasp-usa.com/uploads/misc/NASP_PR_IndustryFAQs_0317.pdf
  4. Buy my structured settlement

Leave a Comment