If you have a structured settlement, it’s important that you’re continuously educating yourself on your options and making sure that continuing to receive monthly payments is what will ultimately help you reach your long-term financial goals.
Depending on your current needs, deciding to exchange some or all of your payments may help you pay off debt, pay off outstanding medical bills, fund the purchase of a new home, or even allow you to pursue higher education. Continue reading to learn more about the 4 questions all structured settlement annuitants need to be asking themselves to ensure they are aware of all the options available to them.
Are my monthly payments enough to take care of my present needs?
Have your financial responsibilities or needs changed since your settlement? Have you felt financial strain because of these changes? If you’re in the position where you’re waiting around for money every month or feel like you’re only getting by – it’s important that you know you have options where you can exchange all or a portion of your payments for a lump sum of cash.
How much money can I make from selling my structured settlement payments?
The amount of the lump sum you’ll receive in exchange for your structured settlement payments depends on three main factors :
– The total amount of the payments you wish to exchange. (The total dollar amount you wish to exchange or the number of payments you wish to exchange.)
– When these payments are scheduled to be paid out. (This can be as soon as a month away or as far as years away.)
– The structure of the payout schedule. ( This can be via a monthly check, lump sums paid over a period of time, or a combination of the two.)
Is it complicated to sell my structured settlement?
Selling your structured settlement does not have to be a complicated process, however, the company you choose to assist you with the exchange can make a difference. At Rising Capital, we have a streamlined process that ensures your transfer is handled with efficiency and professionalism that is unmatched.
If I did decide to sell my structured settlement, why would I want to work with a company like Rising Capital Associates?
Rising Capital Associates is one of the top Structured Settlement purchasers in the USA. Our team is composed of industry experts who have helped thousands of annuitants exchange their future payment rights for a lump sum of cash.
