A structured settlement is a method of paying damages to an injured party over a period of time when a lawsuit is settled. It usually results from person injury cases such as automobile accidents, medical malpractice, wrongful death or product liability. In those cases the parties involved often agree to have damages paid monthly or annually over a period of years rather than with one lump-sum. The damages are usually funded in the form of an annuity contracted issued by a life insurance company.
The annuitant has the right to receive payments under the settlement. That right is personal property which can be assigned. Most states have enacted transfer statues requiring either a court order and/or certain disclosures before a structured settlement recipient can sell their annuity payments.
Capital Advisory Solutions offers a lump sum cash option for structured settlement recipients whose financial situation requires them to access future payments now. We structure our transactions based on the financial needs of each individual client. We can purchase all or part of your remaining payments for a lump sum payout.
Call (866) 939 1144 for a free no obligation quote.
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