Life Contingent Structured Payments: A Review of Options
Website request for people looking to sell all sorts of payments are fielded everyday by companies like ours and competitors across the country. You will find information and guidance from a host of individuals that you come across and the various numbers and suggestions may become overwhelming. Ultimately how to proceed, what offer to accept, IF ANY, for cash for life contingent payments may start to feel like a confusing task. There is no reason to rush into any decision with regarding to getting a lump sum in sum from a life contingent structured settlement buyer. Here are some general things to consider.
Like any payment, the timing of when it is due is also critical when looking to sell life contingent payments. All things being equal, a $4,000 monthly life contingent annuity payment is more valuable if it is due next month instead in 2020 or even 2030. The further out the structured settlement life contingent is due, the less valuable it will be- assuming all other factors are the same. That is to say, if you are 30 years old and selling monthly life contingency payments due in 2020, you are likely to realize more money than if the life contingent payments come back in 2040. This is often a hard pill for a potential customer to swallow if they are looking to convert really far out life contingent payments into a lump sum. You may be looking at an offer that gets you a fairly small lump sum in exchange for what appears to be a large aggregate of life contingent payments from a structured settlement.
We appreciate that and we will take the time to walk you through the numbers so you understand precisely what you are selling and what you are getting. Frequently, people are taken back by how much we CAN actually pay them for payments due far in the future- even as far out as 2050 in some cases. Keep in mind with our expertise, we can generally get you a fairly quick quote for life contingent payments – usually during the initial call or within an hour of the initial request.
While we work with people of all ages and health conditions to get them cash for life contingent payments, it is important to know your health and age matters. We get people lump sums even if they have a criminal record, past DUIs, and even if they have serious health problems. All factors however contribute to what a life contingent structured settlement buyer may be able to pay you if you were wanting to get a lump sum.
Shop around- even shop or prices/offer. You never know what the next structured settlement buyer may pay you. This may sound like odd advice coming from a buyer but by the time you agree to work with us– and you will because we offer the most professional service in the industry, we want you to be confident you made the right choice.
Call today for your free no obligation quote to buy out life contingent structured settlement annuity payments