Luckily for you, there are a number of brokers who handle the purchasing of structured settlements that believe people should be informed of their rights as well as all of their options. The choice of whether or not you should sell a structured settlement annuity belongs solely to you, not to the insurance companies. The settlement purchasing industry was created in answer to the needs of individuals whose situations had changed after the initial settlement took place. The HR 2884 Tax Relief Act was enacted recently that allows for an "injured party to receive the right to a stream of payments as compensation for personal physical injuries or physical sickness or as compensation under a workers' compensation law. The party could then sell the right to the payments to a 'factoring' company in exchange for a discounted lump sum payment." Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today
Thursday, December 16, 2010
Purchasing Structured Settlements
Luckily for you, there are a number of brokers who handle the purchasing of structured settlements that believe people should be informed of their rights as well as all of their options. The choice of whether or not you should sell a structured settlement annuity belongs solely to you, not to the insurance companies. The settlement purchasing industry was created in answer to the needs of individuals whose situations had changed after the initial settlement took place. The HR 2884 Tax Relief Act was enacted recently that allows for an "injured party to receive the right to a stream of payments as compensation for personal physical injuries or physical sickness or as compensation under a workers' compensation law. The party could then sell the right to the payments to a 'factoring' company in exchange for a discounted lump sum payment." Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today
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