Archive for March 15, 2016

15
Mar

4 Times it is Better to Sell Your Structured Settlement

Written by Best Financial Magzine. Posted in Annuity, Lottery payments, Lottery winnings

Cash for your structured settlement

Do you receive monthly payments from an annuity settlement? Perhaps you won the lottery, or inherited an insurance annuity, or received it a lawsuit. Whatever the reason, getting the small monthly payments it’s probably something you aren’t complaining about. Sometimes though, life happens and selling an annuity settlement for a large sum of cash becomes more beneficial than taking small payments over a large span of time.

If you are considering selling an annuity settlement, you may have heard a lot of negative press about it. We agree to some extent, selling an annuity settlement to treat yourself to a luxury shopping spree or take a trip

15
Mar

4 Decisions You Will Need to Make If You Win a Lot of Money

Written by Best Financial Magzine. Posted in Sell my annuity payments lump sum, Settlement cash now, Structured settlement annuity

Can i sell my annuity

Figuring out what to do when you have won a large sum of money can be difficult. While you don’t want to make the wrong decision and be unwise, you don’t want to be so frugal that you end up missing opportunities that could have made your life so much better. It may be hard to know what to do, but a financial adviser who is familiar with these kinds of situations will be a great asset to have on retainer. Friends and family have great intentions but if they have not been through this before then there is no way for them to understand the pressure that you are under and the decisions you have to make.

Should you sell fixed annuity?

This is the first question to ask yourself. Continue Reading No Comments

15
Mar

Getting Out of Debt How the Lottery Could Be the Answer You Need

Written by Best Financial Magzine. Posted in Calculating a structured settlement, Getting cash for structured settlement, Sell my structured settlement payments

Structured settlement annuity benefits

Whoever said that money cannot buy happiness has obviously never been in a financially dire situation. While nearly all Americans would love to not worry about money, many of us are unable to do so thanks to debt. House payments, student loans, medical bills, and credit cards are all responsible for making our lives harder; many people with outstanding debt feel trapped or helpless and may face bankruptcy. To better debt, we must first understand how one falls into these kinds of money traps.

How Debt Cripples Americans

The American economy has had a rough couple of years. Over the past 12 years household income has increased by 26% — unfortunately, the cost of living too has increased by 29%, making it difficult for many hardworking Americans to cover their

15
Mar

Unlock Your Dreams With Cash for Structured Settlement Payments

Written by Best Financial Magzine. Posted in Cash for your settlement, Selling a structured settlement, Structured settlement annuity benefits

Cash for your structured settlement

If you are receiving annual payments from a structured settlement, you may be able to exchange your annuity for cash. This is an important decision, and you should consider all aspects of the question. It’s a good idea to talk to a personal financial planner as well, to determine if you would be better off getting cash for structured settlement payments. For many people, selling fixed annuities in exchange for a lump sum frees up their money, to use productively or invest as they wish.

Lump sum v annuity
Fixed annuity settlements can originate in several different ways. You may have won the lotto, or been awarded a legal settlement, or you may be receiving an insurance or

15
Mar

Don’t You Want Your Money Right Now? Here’s How You Can Get It Today

Written by Best Financial Magzine. Posted in Annuity, Cash for structured settlement payments, Lottery lump sum payout

Lottery annuity payout

Almost everyone in the world worries about money, and rightfully so; as the world’s population grows exponentially and the average human lifespan increases concurrently, more and more people have good enough reasons to fear living longer than the money with which they have to support themselves.
With that, certain people end up with more money than they might reasonably know what to do with. While this isn’t an article on the 1% or the top of the Forbes list (some of those people actually do know what to do with their money), some people are the recipients of lottery payments, large settlements from court cases and inheritances. In fact, the average payout for a structured settlement is a whopping $324,000. Continue Reading No Comments