Tag Archive | Structured Settlement

Sell Structured Settlement

If you get into financial troubles or you simply need a large amount of money, you can sell your structured settlement. The process is less complicated than you think. Once you decide to sell, you can get in touch with a structured settlement purchasing company. The representatives will negotiate settlement transfers and you’ll have the money after a short while. Once you contact them, they’ll guide you through all the steps of the way.

If you haven’t decided yet, just find a structured settlement purchasing company and ask for a free quote. You’ll get it in minutes and it will help you get the big picture. Most companies will even give you a cash advance between $500 and $1000 right away in order for you to cover your needs immediately.

Selling a structured settlement requires some paperwork. You have to send those to the company that’s working for you.

The required documents are:

  • Two forms of ID – the driver’s license and the birth certificate or the Social  Security Card will do just fine;
  • A copy the settlement and release agreement – you must have all the original paperwork of the structured settlement;
  • An application – you’ll get this from the settlement purchasing company;
  • A copy of the annuity policy – it refers to a document that features details about the future payments. If you don’t have this policy, talk to the insurance company that makes the payments.

When the paperwork is complete and it gets approved by the structured settlement purchasing company, they’ll set a court date. You’ll have to be there to explain to the judge the reason why you want to sell structured settlement. When the court approves your case, you’ll receive the money.

You won’t get the full price. The company that will buy your structured settlement will usually give you between 60% and 80% of the value. This is basically the price you’ll pay to get instant access to your money. The future value can be influenced by the present economic conditions, fees, amount of payments that you wish to sell or timing of the payments.

When you face financial problems or you need lots of money, selling your structured settlement is a way to get money to solve the issue. If you want to buy a house, send the children to college, start a business or invest, selling your payments is a good way not to get loans and go into debt. Analyze the situation, talk to the representatives of a specialized company and see if this option works best for you too.


Getting Your Life on Track

“I was really happy with the work that Einstein did for me. I was able to pay for college, and still had enough left to clear out my credit card debt. Thanks for everything, Einstein!

Einstein Structured Settlements

Getting your life on track can be tough for an 18 year old. Jenny was a high school graduate working part time jobs, but she wasn’t happy.

“I wanted to go to college. I was tired of working low paying jobs,” she said, “On a whim, I applied, and I got in! But I just couldn’t afford it.” Jenny was receiving a structured settlement from a playground accident when she was a kid. “One of the monkey bars I was playing on came loose. I broke my leg in two places and broke my arm. I wasn’t receiving much per month, so I was looking to receive a lump sum to help with college costs.”

Jenny contacted Einstein and we were able to set her up with the lump sum that she needed.

“I was really happy with the work that Einstein did for me. I was able to pay…

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What is a Structured Settlement?

Structured settlements were developed in order to create a more stable financial footing for claimants.  In 1982, the use of structured settlements was encouraged by Congress and special tax code was written. Instead of receiving a single lump sum, guaranteed payments can be made to you over time, through the purchase of an annuity, to better meet your financial needs.


The Internal Revenue Service determined that since the money you receive through a structured settlement is compensation for an injury, you will never pay taxes on any of the payments (principal or interest). There are two primary articles of legislation governing the tax treatment of structured settlements.

For more information regarding tax treatment of structured settlements, please visit the following pages: IRC 104 (a)(2) and IRC 130.  For other legislative actions and tax codes related to structured settlements, please click on one of the following links:  The Periodic Payment Settlement Act of 1982, 468B, 72(u) or 5891.


Payments from a structured settlement can be scheduled for any length of time, even for your lifetime. Payment designs can include bi-weekly, monthly, quarterly or annual payments as well as future lump sums. Ongoing payments can be in level amounts or can keep up with inflation by using a Cost of Living Adjustment (“COLA”). Since you work with the Structured Settlement Consultant to determine the payment design, you can remain confident that your future financial needs are addressed.

If a single lump sum payment is taken as compensation for an injury, it is tax-free but any additional income (called “Interest Income”) you receive from investing the lump sum will be taxable. The bottom line is that structured settlements provide you with a unique opportunity to take advantage of an investment without risk OR tax consequences.





At the core of the federal tax code’s explicit recognition of structured settlements is the concept of” constructive receipt”.

For a concise explanation about Congress’ intent and how the Internal Revenue Service has traditionally interpreted the application of constructive receipt, click here for the National Structured Settlement Trade Association (NSSTA) brochure, Structured Settlements: Explaining Constructive Receipt.

To download the NSSTA brochure, Structured Settlements and Qualified Assignments: How Federal Tax Rules Benefit all Parties in a Claim, click here.


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What it Is – How it Works?

[By Staff Reporters]

A structured settlement (sometimes called a “periodic payment settlement”) is a claim settlement under which some of the proceeds will be payable in deferred installments in lieu of immediate cash.


What does that mean to you? Settlements paid in the form of a single lump sum, especially in catastrophic injury cases, place claimants, and their families, in the position of having to manage money which may be intended to provide for a lifetime of medical and income needs.

Most people are not experienced in handling large sums of money and as a result, the money is often either spent too quickly or invested leaving little or nothing to cover the future needs of the seriously injured person.


Structured settlements were developed in order to create a more stable financial footing for claimants.  In 1982, the use of structured settlements was…

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