Cash For Future Payments-Knowing Your Options


If you are a recipient of a structured settlement or an annuity, you should know your options. This of course includes receiving cash for future payments. Recognized by congress since 1982, structured settlements provide long-term financial security to personal injury victims and their families through a stream of tax-free payments that are usually tailored to their needs. As a result, structured settlements generally have become an inherent part of physical injury settlements.

As we said, a large part of knowing your options includes getting cash for future payments that are due you. If it seems like your structured settlement payments are trickling in over a very long period of time, you can cash-in and get a lump sum today without tax consequences. There are a number of brokers who can help you by getting cash for all future payments or only a part of them.

 


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