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4 Reasons Not To Sell Structured Settlements

If you’ve received a personal injury structured settlement you may be unsure about what to do with it. Should you continue to receive periodic incremental payments or should you sell annuity payments in exchange for a lump sum payment? For years, Woodbridge Structured Funding, LLC has been advising individuals on whether or not to sell structured settlements for cash. Each case is different, and there is no one size fits all answer when it comes to the issue of whether or not to sell structured settlements. You might want to exchange your structured settlement for cash and you might not. Following, are four reasons to not sell structured settlements. You must consider how each issue applies to your case, and you’ll have a better idea of whether or not you want to sell annuity payments. You’re not alone with this decision; contact Woodbridge anytime for guidance and a free quote!

1) If I Sell Annuity Payments My Money Will Run Out Quicker

The long-term security of the structured settlement is one of its most appealing features, especially for those in the midst of turbulent times – and many of the plaintiffs that receive personal injury structured settlement often face hardships in their lives. Confronted with a period of unemployment while your injuries heal, deciding to sell annuity payments may seem impulsive.

The upside is that if you sell structured settlements for cash you are free to do with the money as you wish. Many often decide to sell structured settlements, and invest the money in higher-returning annuities. The difference between an annuity and a structured settlement is that there is more flexibility with an investment annuity while the structured settlement is inflexible – you can’t take out more money when you need it, increase the base amount, nor move it into a better performing account,. If you invest wisely, you get the stability of the original structured settlement, with more control and more return on your investment.

2) I Can’t Manage My Personal Injury Structured Settlement

Not everyone is excited about investing. If you sell structured settlements for cash you will be in charge of managing your own money. This can be daunting, especially considering the size of some lump sum payments. The challenge of investing can be enough to cause some to decide not to sell their structured settlement payments, figuring their money is better off in the hands of the third party administrator of the structured settlement.

This is not necessarily the case. While it’s true that if you choose not to exchange your structured settlement for cash it will remain a steady source of income, it’s not necessarily a safe and sustainable investment. The reason for this is inflation. It’s quite likely that the value of your personal injury structured settlement payments will decrease over the many years it takes to pay out the entire structured settlement. Fortunately, the burden of managing your lump sum payment is not yours alone if you decide to sell structured settlements for cash. There are many qualified financial advisers who can help you invest; it’s a wise move to start researching investment advisors before you sell annuity payments.

3) I Have No Pressing Need to Sell Structured Settlements for Cash

If your bills are under control, mortgages are paid off, and hospital bills paid in full, you don’t necessarily need to sell annuity payments and exchange your structured settlement for cash. After all, if you don’t need the money, why sell structured settlements when you keep the personal injury structured settlement as a steady source of income?

There’s nothing wrong with this decision, but as we mentioned above, structured settlements are not high performing investments. Even if there aren’t any urgent bills forcing you to sell structured settlements for cash right now, your settlement is not being invested to its full potential if you decide not to sell annuity payments. If you sell structured settlements for cash now and invest in a higher rate investment, you’ll have more money if and when you urgently need it.

4) I Don’t Know Who to Sell Structured Settlements To

There are a number of players in the personal injury structured settlement field. Woodbridge Structured Funding, and its predecessor companies, has been a leading buyer of structured settlements for nearly two decades, and is the preferred company for many seeking to sell annuity payments to a trusted, reliable buyer. We have years of experience counseling plaintiffs considering whether or not to sell structured settlements for cash, and we bring a personal approach and years of experience, to each and every case.

If you’re wondering what Woodbridge Structured Funding can do for you and your personal injury structured settlement just give us a call (866-865-7044) and get your free quote today.

Categories: Blog, Structured Settlements, Uncategorized, structured settlement, structured settlement payments.

What is a Structured Settlement?

A structured settlement is an annuity established in the settlement of a personal injury, harassment, malpractice, or liability case. Instead of collecting the settlement all at once in a lump sum payment, the plaintiff receives regular, periodic payments, usually spread over a long period of time. Woodbridge Structured Funding works with individuals seeking to sell structured settlements. Read on to find out how selling your structured settlement can help make your dreams come true.

What Does a Structured Settlement Mean for Me?

Let’s examine the case of Cody, who also had reason to ask, “What is a structured settlement?”

Cody was hurt in a golfing accident and filed a lawsuit against the golf course. He won the case and was awarded a settlement of $50,000.00. When Cody heard the amount, he immediately thought of all the things he could do with the settlement money. He imagined buying a boat, paying off his expensive student loans, and planning a trip around the world.

Then Cody learned that his award was a structured settlement, paid out over a span of twenty years. This means that each year Cody will receive only $2,500.

What Can I Do With a Structured Settlement?

Keep it: You can choose to hold onto your structured settlement, collecting the money in the predetermined increments until it is paid in full. This will give you a guaranteed, steady income, but, like Cody’s, the payments may be too small to realize your dreams or pay your bills. Cody’s settlement was paid over a span of twenty years, but some structured settlements are scheduled for an even longer period of time. As a result, people often sell structured settlements to maximize the financial benefits of their structured settlement, or to fund medical and legal expenditures.

Cody’s $2,500 annual structured settlement payments were barely enough to cover monthly payments on one of his credit cards – if he stuck with the structured settlement he had no chance of paying off his student loans, let alone embarking on his sailing dream. After researching and learning some of the reasons people in similar circumstances sell structured settlements, he contacted Woodbridge Structured Funding and consulted with our experienced settlement professionals about the best course of action.

Sell it: After conferring with Woodbridge Structured Funding and his own financial planner, Cody realized selling his structured settlement was the route to realizing his dreams. Cody sold the structured settlement and received a large lump sum payment. After paying off his loans, he was able to invest several thousand dollars and still have money left over to accomplish the dreams he had when the case first settled.

Sell Structured Settlements: Is it Right for Me?

Because every situation is unique, there is no simple answer to what you should do with your structured settlement. However, you should always consider all options while deciding whether or not to sell your structured settlement. Woodbridge Structured Funding has decades of structured settlement experience and if you’re still wondering “what is a structured settlement?” or are ready to get your free quote, contact Woodbridge Structured Funding (866-865-7044)and begin realizing your dreams.

Categories: Blog, Sell Structured Settlement Payments, Structured Settlements, Uncategorized, sell structured settlement, selling structured settlement, structured settlement.

When is a Good Time to Sell a Structured Settlement?

Best Times to Sell Structured Settlements

Part of the reasoning behind the granting of a structured settlement is to provide the recipient with a long-term source of income. While a good idea in theory, in practice, a structured settlement rarely provides for the real-life financial needs of the plaintiff and his or her family. Some who receive structured settlements continue to undergo treatment for the injuries that led to their case; others cannot return to their jobs as a result of the injuries they sustained. In order to make ends meet the annuitant may need to make substantial payments that are greater than the periodic payments they receive from the structured settlement.

Hospital bills aren’t the only reason to sell structured settlements. Small payments spaced over the course of many years won’t allow you make down payments on a house or car. And if you’ve lost your job, you may be in urgent need of larger amounts of cash. Luckily, companies like Woodbridge Structured Funding buy structured settlements, granting you a lump sum payment in return. The decision to sell future payments can be made at any time; you can even sell a portion of your structured settlement.

While there is no bad time to sell a structured settlement, the earlier you exchange your structured settlement for a lump sum payment the greater control you’ll have over your own money.

Interested in Interest? Get a Lump Sum Payment Now

One great reason to sell structured settlements is that you and your financial planner can decide to invest your lump sum payment in higher yielding assets. The sooner you sell future payments, the sooner you can be earning higher returns from an investment of your choice.

Woodbridge Investments doesn’t merely buy structured settlements; our experts know every situation is different, and work with you to determine which lump sum payment option is best for you. People sell annuity payments and structured settlement payments for different reasons, and our team is responsive to your individual needs. Whether you want to go back to school, buy a car, or need money to invest in your own business, selling your structured settlement can open up a world of options.

Don’t let a structured settlement keep you from pursuing your dreams! Get a free quote on your structured settlement today.

Categories: Blog, Sell Structured Settlement Payments, Structured Settlements, Uncategorized, sell structured settlement, selling structured settlement, structured settlement.

Structured Settlements: Don’t Let Them Be a Life Sentence

Don’t Let Your Structured Settlement be a Life Sentence

While receiving a structured settlement can seem like a victory at the time, structured settlements lock you into a system where you have limited control over your money. Often, you may find that you are unable to make necessary payments on tuition, housing, cars or other mounting bills. Luckily, your structured settlement doesn’t need to be a life sentence – structured settlement factoring companies like Woodbridge Structured Funding can buy your structured settlement, giving you a lump sum payment, and greater financial freedom in return. (more…)

Categories: Blog, Sell Structured Settlement Payments, Structured Settlements, Uncategorized, sell structured settlement, selling structured settlement, settlements.

Sell Settlement or Not? 3 Questions to Consider

If you’re receiving or expect to receive a structured settlement, you’re probably asking yourself if you should sell your structured settlement. The decision to sell structured settlements or not is a highly personal one, dependent upon the specifics of your situation. There are some key questions, however, that will help you decide whether to sell settlement payments. These three questions can help you determine whether selling your structured settlement is the best decision for your financial future. While these questions will help you better understand the process, you can get personalized answers to your questions by contacting Woodbridge Investments for a free quote. (more…)

Categories: Blog, Structured Settlements, sell structured settlement, settlements, structured settlement.

Nine Steps to Selling Annuities for Cash

Selling annuities for cash can take a very short amount of time, but for the most part there is a typical process that happens. Learn how the process of selling annuities for cash works by reading the following nine steps: (more…)

Categories: Annuity Payments, Blog, Woodbridge Investments LLC, annuities, cash, cash advance, cash for annuity payments, future payments, get a lump some for your payments, get a lump sum, investments, lump sum, lump sum for your payments, lump sum payments, sell annuities, sell annuity payments.

How to preserve a lump sum payment of cash

5 Tips on how to stay rich after selling your structured settlement, annuity payments or lottery winnings for lump sum payment

Selling a structured settlement, annuity payments or lottery winnings can certainly be daunting. No one knows what the next ten, twenty or thirty years may hold, thus it is a common belief that selling regular payments is like selling your safety net.

Despite this belief, receiving a lump sum of cash will not necessarily leave you high and dry, although you do need to be careful managing your newfound wealth. You might want to sell structured settlement payments, annuity payments or lottery winnings in exchange of a lump sum of cash, but this doesn’t mean you have to be scared of having your money run out before you’re ready.

How not to spend your entire lump sum of cash right away

Get an accountant

With your new lump sum of cash, you should be able to afford to hire an accountant. This is a very worthy investment to get professional advice and avoid any unnecessary fines, settle any tax issues and establish a long term plan for your money.

Pay off all of your debt before your spend that lump sum of cash

Debt is not something that you want to deal with when you are no longer receiving steady payments from your previous structured settlement, annuity payments or lottery winnings. Make this a priority so you will know exactly how much spending money you actually have.

Keep your day job, or at least get a new one

As mentioned before; you never know what could happen over the next decade or three. It should always be a goal of yours to continue increasing your net worth, or at least not letting the number slip to something negative. Keep your job to maintain an additional stream of steady income. If you just can’t stand your current job, at least use your new financial freedom to take some time off and begin a new venture making money by doing something you are passionate about.

Avoid gambling with your lump sum of cash

Hopefully the thing you are passionate about is not gambling or taking on high risk financial investments. Taking on high risk investments or gambling with the lump sum of cash you just got is a surefire way to loose the money you would have had with each new structured settlement, lottery or annuity payment. Note: Chances of receiving lottery winnings twice in life are even more slim than winning once. Protect your assets.

Invest your new lump sum of cash

Whenever you sell your structured settlement, annuity payments or lottery winnings, you usually have to sacrifice a portion of the ultimate amount in order to receive that large lump sum of cash. If you invest what you get in a smart way, you might be able to make back all of that money and then some.

If you are selling a structured settlement, annuity payments or lottery winnings, consider getting a free quote about how much you could get in a lump sum of cash by visiting our free quote page.

Categories: Annuity Payments, Blog, Cash Structured Settlements, Woodbridge Investments LLC, buyer of structured settlement, cash advance, cash advance for settlements, cash advances, cash for annuity payments, cash now, get a lump some for your payments, lottery, lottery winnings, lump sum for your payments, sell annuities.

Annuity Lump Sum Option Improves Retirement

An annuity investment can be an excellent choice for people in search of ways to improve their retirement options. However, if you have either recently invested in or inherited an annuity, you may have come to the realization that you need more cash than what your monthly allowance is presently providing. If so, you should start exploring the benefits of an annuity lump sum. An annuity lump sum can get you the additional cash you need right now without having to sit and wait for your monthly checks to arrive.
Many individuals prefer an annuity lump sum for a various reasons, which may include:
• Freedom to go on vacation
• Settle debts
• Down payment on a new home
• Buying a new car
• Car maintenance and repair
• Home improvements
• College tuition

Annuity Lump Sum Advantages

The most significant advantage of an annuity lump sum is that you will be benefitting from upfront money from this investment when you need it. While a conventional annuity schedule will give you a guaranteed amount of money every month, the lump sum option offers you a lump sum payment right away, you will not need to wait every month for the check to arrive in the mail. Instead, you will be able to enjoy your cash immediately. You can use the cash towards other investments, to settle debts, put your children through college, etc.

Annuity Lump Sum Disadvantages

When you choose an annuity lump sum over a monthly check, you will lose some of your investment to the company that purchases the rest of your investment and you will have to familiarize yourself with the tax laws of your state in order to understand how much you will have to pay in taxes for receiving a large sum of cash. These losses, however, will seem less significant when you think of the convenience of having your cash in hand right now when you sell your payments for an annuity lump sum.

Visit www.woodbridgeinvestments.com to learn more about annuity lump sum options.

Categories: Annuity Payments, Blog, Woodbridge Investments LLC, annuities, cash, cash advance, cash advances, cash for annuity payments, cash now, future payments, get a lump some for your payments, get a lump sum, payments, sell annuities, sell annuity payments.

Annuity Buyers Can Provide You the Cash Lump Sum You Need

Why Should I work With an Annuity Buyer?

A lot of people look for annuity buyers so they can get their annuity money right away instead of waiting many years to receive it. It’s a good thing that a thriving market of annuity buyers currently exists. These annuity buying companies legally purchase your annuity payments so you can immediately get a quick lump sum payment for your annuity. However, not all annuity buyers are created equal.

What should I know before talking to an annuity buyer?

Quotes can vary greatly and there are some annuity buyers who just aren’t trustworthy. You would do yourself a great service by taking the time to research on your prospective buyers before placing your trust in any one of them.

You also have to keep in mind that majority of annuity buyers offer you flexible terms in which you have the option to choose exactly how much of your payments you need or want to sell. The option of selling just a fraction of your annuity payments gives you a lump sum payment now without losing all of your future annuity payments. More often than not people just wish to be free of the limitations structured payments impose on them and sell the entire annuity.

Is it a good idea to sell to an annuity buyer?

Selling annuity payments can be a very advantageous transaction. The money you receive can be used to either take care of some financial emergency or to start the business you’ve always dreamt of having. There are also those who decide to sell their annuities to fund their children’s education or perhaps help a relative in dire financial straits.

Whatever the need, it is a good thing that there are annuity buyers in the marketplace that you can sell your payments to and get immediate lump sum cash for an annuity. Remember, do your research on the annuity buying company you choose. For more information on annuity buyers visit www.woodbridgeinvestments.com.

Categories: Annuity Payments, Blog, annuities, cash, cash advance, cash advances, cash for annuity payments, future payments, get a lump some for your payments, get a lump sum, investments, need money, sell annuities, sell annuity payments.

Lump Sum Annuity Payment – Pros and Cons

Receiving a lump sum annuity payment like everything else has its pros and cons. Here we’ve laid out a few of the benefits of getting a lump sum annuity payment to help you decide if it’s the right choice for you.

Pros of a lump sum annuity payment

If you choose to sell an annuity for a lump sum annuity payment; you have immediate access and greater control over your money. Selling annuity payments does have some flexibility in terms of how you sell. You can sell all your annuity payments for a larger lump sum or you can draw whatever amount you wish by selling only a portion of your payments. If you should require a bit more money for any reason down the road, you can always sell additional future payments.

Getting a lump sum annuity payment gives you immediate access to a larger portion of your money. Many people who sell annuities use that money to invest it in a new business venture or in financial investments that grow their money more aggressively.

A lump sum annuity payment can also be used to help pay for your children’s or grandchildren’s college education. Your money suddenly becomes very accessible through a lump sum annuity payment.

Cons of a lump sum annuity payment

More flexibility also means more responsibility. You must make sure to invest and manage your money in such a way that it will neither run out during your lifetime nor fall down because of inflation.

It’s also vital to keep in mind that, while you do have greater control if you choose a lump sum annuity payment, it is still not total control. You cannot decide what returns the financial markets will bring or how well a new business venture will do. Sell your payments wisely and make sure you have enough for retirement.

Selling in exchange for a lump sum annuity payment can present risks like the ones above, but can also reap more rewards if that lump sum cash is invested wisely.

If you are not comfortable researching on your own, consult a financial planner or call or visit Woodbridgeinvestments.com for additional information on selling an annuity for a lump sum payment.

Categories: Annuity Payments, Blog, Blogroll, Woodbridge Investments LLC, annuities, cash advance, cash advance for settlements, cash advances, cash for annuity payments, get a lump sum, sell annuities, sell annuity payments.