Structured Settlement Companies

Annuity and Settlement Buyers and Brokers

Annuity Transfers, Ltd.

(972) 952-0260
annuitytransfers.com
800 E Campbell Rd
Richardson, Texas 75081

Campbell Financial Corp.

(719) 687-6220
campbellfinancialcorp.com
350 W. Henrietta Avenue
Woodland Park, Colorado 80863

Capital Planning, Inc.

(952) 541-9464
info@capitalplanninginc.com
capitalplanninginc.com
2051 Killebrew Drive
Suite #640
Bloomington, Minnesota 55425

CBC Settlement Funding

877.564.8508
info@cbcsettlementfunding.com
cbcsettlementfunding.com
500 Delaware Ave. 11th Floor
Wilmington, Delware 19801

Client First Settlement Funding

(888) 594-1195
(888) 594-1190
Clientfirstfunding.com
301 Yamato Rd #3200
Boca Raton, Florida 33431

DRB Capital

(855) 693-6100
(866) 744-9935
drbcapital.com
701 Park of Commerce Blvd, Suite 301
Boca Raton, Florida 33487

EPS Settlements Group

(303) 337-0400
info@epssettlements.com
epssettleents.com
5613 DTC Parkway, Suite 600
Greenwood Village, Colorado 80111

Fairfield Funding

(404) 814-0225
info@fairfieldfunding.com
fairfieldfunding.com
3424 Peachtree Rd
Atlanta, GA 30326

J.G. Wentworth

(866) 477-9729
(484) 434-2300
rconnelly@jgwentworth.com
jgwentworth.com
201 King of Prussia Road
Radnor, Pennsylvania 19087-5148

Liberty Settlement Funding

(954) 357-7235
(954) 763-1165
info@libertysf.com
libertysettlementfunding.com
16 N.E. 4th St, Suite 210
Fort Lauderdale, Florida 33301

Millennium Settlements

(850) 894-4265
(800) 573-8853
kbollman@msettlements.com
msettlements.com
3500 Financial Plaza, 4th Floor
Tallahassee, Florida 32312

Novation Settlement Solutions

(561) 615-9360
(888) 390-6200
novationsettlementsolutions.com
1641 Worthington Road Suite 410
West Palm Beach, Florida 33409

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Pat Farber's Structured Settlement

(949) 833-3910
pat@patrickfarber.com
patrickfarber.com
1301 Dove Street Suite 960
Newport Beach, California 92660

SenecaOne

(301) 913-9131
(800) 513-1394
info@senecaone.com
senecaone.com
7920 Norfolk Ave #300
Bethesda, MD 20814

Settlement Capital Corp.

(972) 770-7875
(800) 959-0065
info@setcap.com
settle4cash.com
14755 Preston Rd #130
Dallas, TX 75254

Stone Street Capital

(301) 951-8900
7316 Wisconsin Avenue, 5th Floor
Bethesda, Maryland 20814-2937

Strategic Planners

(916) 714-7200
bishop@structurepro.com
settlementplanners.com
8841 Williamson Dr
Elk Grove, California 95624

Woodbridge Structured Funding, LLC

(561) 447-0401
woodbridgeinvestments.com
123 NW 13th St #307
Boca Raton, Florida 33432

Annuity Distributors

Mutual of Omaha

(402) 342-7600
rp.groupannuity.services@mutualofomaha.com
Mutual of Omaha Plaza
Omaha, Nebraska 68175

Pacific Life

(888) 728-5611
pacificlife.com
P.O. Box 84307
Lincoln, Nebraska 68501-4307

Prudential

(973) 802-6000
ssasales@prudential.com
retire.prudential.com/view/page/rs/16977
751 Broad St.
Newark, New Jersey 07102-3777

Stone Street

(301) 951-8900
info@stonestreet.com
7316 Wisconsin Avenue, 5th Floor
Bethesda, Maryland 20814-2937

Strategic Capital

(866) 256-0088
info@strategiccapital.com
strageticcapital.com
575 Madison Ave
Ste 1006
New York, New York 10022-2511

UBS Financial Services Inc.

(877) 827-8001
settlementsolutions@ubs.com
financialservicesinc.ubs.com/team/settlementsolutionsgroup
1285 Avenue of the Americas, 16th Floor 
New York, New York 10019

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Settlement and Annuity Consultants

Bradford Settlement Company

(404) 851-1772
cbradford@bradfordsettlement.com
bradfordsettlement.com
1100 Johnson Ferry Road
Suite 665
Atlanta, GA 30342

Creative Capital Inc.

(732) 249-8669
info@creative-capital.com
creative-capital.com
1200 Tices Lane
East Brunswick, NJ 08816

Guardian Settlements, LLC

(480) 478-0159
guardiansettlements.com
8306 East Welsh Trail
Scottsdale, AZ 85258

JMW Settlements

jmwselltements.com
info@jmwselltements.com
(202) 463-1990
1130 Connecticut Avenue, NW Ste 540
Washington, D.C. 20036

The McNay Group

wwwinfo@mcnay.com
mcnay.com
(859) 626-3600
122 North Second Street
Richmond, Kentucky 40475
PO BOX 747
Richmond, Kentucky 40476

Ringer Associates

(504) 454-9520
wwagner@ringlerassociates.com
ringlerassociatesneworleans.com
5000 Pike Drive
Metairie, Louisiana 70003

4Structures.com

(203) 325-8640
jdarer@4structures.com
4structures.com
43 Harbor Drive, Unit 309
Stamford, Connecticut 06902

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How do I sell my Structured Payments?

You may need to buy or repair a home, start or invest in a business, fund a college education, pay off a debt, divorce or invest. These some valid reasons why you’d like to have lump sum in your hands rather than your periodical payments. The process of selling an annuity or structured settlement is not difficult, but it involves you taking the step to sell, deciding how much to sell and going before a judge to approve your request prior to accessing your cash.
All this process includes five steps:

1. Make the decision to sell | you can start the sale of your settlement process if you have valid reasons for it and the sale of your payments will not have any effects on your future financial needs.
2. Shop around to find the discount rate and service on your sale | it is important that you work with a funding company that is reputable and has your best interests in mind, uses its own money to fund (is not merely a broker), is experienced in completing the court ordered transfer process, and has A+ rating on the Better Business Bureau and very few complaints, if any. 
3. Choose the company you like best and start the sales process | you must begin the paperwork process. After you submit the proper paperwork (your annuity policy, settlement agreement or benefit's letter so the transfer company can verify your payments, application, ID), all materials are reviewed to ensure they are complete and accurate.
4. Have your sale approved by a judge | once the relevant documents are returned and they are fully signed, a local attorney files them with court and after that the court will schedule a hearing. This is the beginning of the waiting period. In the court you will be required to justify why the money is needed and you should be in a position to show that you are not putting your and your family’s financial future in jeopardy. Unless there are any problems with your request of transfer, the judges mostly approve the transfer at this stage.
5. Get your money | Once approved, the judge will sign the order approving your transaction and the order is sent over to the insurance company to wire funds.

How long does it take to sell my Structured Payments?

After you've signed the contract, on average it takes about 45 days to receive your money. However, keep in mind that every structured settlement purchase transaction is different due to each state's laws regulating such purchase transactions. In addition, you may qualify for an immediate cash advance to help you through a particularly tough time.

What discount rate is normal when selling Structured Settlements?

If you are considering selling your annuity, you need to be sure that the offers you are getting are reasonable and fair as you’ll have to get the lump sum reduced by a factor of the projected interest earnings, known as the discount rate. The exact discount rate that you will need to give in order to sell your structured settlement will depend upon the total amount of your settlement payments, the number of payments you have remaining, the date those payments are due to arrive, the number of payments you wish to sell etc. The longer people have to wait to receive their payments, the greater the discount rate will need to be. Discount rates from factoring companies to consumers can range anywhere between 8% up to over 18% but usually average somewhere in the middle. An average discount rate of 12% should be reasonable but there are some companies that will want to take as much as 30% discount.

Will I be forced to pay tax if I Sell my Annuity or Structured settlement? 

The money you receive from selling your structured settlement payments will have the same tax treatment as the payments you receive from your structured settlement annuity.
The Periodic Payment Settlement Act of 1982 (Public Law 97-473) formally recognized and encouraged the use of structured settlements in physical injury cases by designating payments from a structured settlement as tax-free.

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What is an anti-assignment provision?

What is an anti-assignment provision?

The goal of an “anti-assignment” provision is to ensure that the two contracting parties will not be able to transfer their obligations under the agreement to someone else without first getting permission from the other party. One of the boilerplate clauses found in  most commercial contracts looks something like “Neither this Agreement nor any of the rights, interests or obligations under the Agreement shall be assigned, in whole or in part, by operation of law or otherwise by either party without the prior written consent of the other party.”

There are three variations of anti-assignment clauses that can be used in a contract: a standard anti-assignment clause barring any assignment or delegation, the second one is used when the parties want to prohibit assignments except if they transfer the agreement to new owners or affiliate companies (and don’t want to ask for permission), and the third type is similar to the second one except it requires permission for such an assignment. But it should be noted that only prevent “voluntary” assignments van be prevented; you cannot prevent assignments that are ordered by a court or that are mandatory under law—for example in a bankruptcy proceeding.

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What is a deferred annuity?

Usually an annuity contract is created when an insured party pays an annuity company a single premium that will later be distributed back to him over time. However, sometimes an investor may choose to defer annuity payments income, installments or a lump sum until he/she elects to receive them (e.g until he/she retires). This type of annuity is called a deferred annuity and has two main phases: a savings phase, when money is invested into the account and an income phase, when the plan is converted into an annuity and payments are received.

A deferred annuity is not taxed until the income phase begins and it also provides a death benefit to the survivor(s) of the annuitant. As this type of annuities is designed primarily as retirement savings accounts, the annuitant may owe a 10% penalty tax in addition to ordinary income taxes if principal, earnings or both are withdrawn prior to age 59½.

Depending on the way the investment is made the deferred annuity earnings can be either fixed (your money earns interest at a fixed rate that will never drop below a minimum rate guaranteed by the issuing company and is tax-deferred until withdrawals are made) or variable (you choose investments from a pre-selected list of funds called sub-accounts inside of a variable annuity and the returns will vary depending on the underlying performance of the chosen investments).

• Have a structured settlement and need a loan? We've put together a list of structured settlement loan companies. 
• Trying to find structured settlement companies that seem legitimate? Check out the list we've researched.
• Learn more about the secondary structured settlement market.

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Second Market Annuities

Second Market Annuities

Sometimes annuitants can elect to sell their future payments from an existing annuity income stream, either from an Immediate Annuity, a Factored Structured Settlement, or a Lottery Prize Payout contract to someone else in exchange for a lump sum payment today. The "resale" of these annuities are Secondary Market Annuities or factored structured settlements.

Yields on Secondary Market Annuities are higher simply because the seller of the payment stream is willing to sell at a discount for cash today. Clients benefit from that discount and receive a higher yield on the cash flow compared to comparable annuity products available in the open markets. In contrast to variable annuities and fixed indexed annuities, secondary market annuities have no fees or ongoing costs other than account servicing and IRA costs if applicable.  The purchase price for a secondary market annuity includes all legal review, closing costs, and transaction costs.  There is no annual cost, with the sole exception of nominal account servicing and costs to administer your IRA if applicable.

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Secondary Market Structured Settlements

Individuals involved in legal claims for personal injury often accept a structured settlement in which they receive regular, fixed payments over a set period of years and/or lump sums at stipulated times from an annuity. As circumstances change, the annuitants may find that they need cash now instead of payments later.  Using the services of a factoring company, they sell future payments at a discount for cash. Financial Partners, in turn, offers the payment rights to these annuities, called Secondary Market Structured Settlements, to buyers, who invest in structured settlement. The purchase process can take 30 to 90 days, and requires that the individual selling the payments receive approval to sell from a court of competent jurisdiction (even if it was an out-of-court settlement!) for a change in the terms of their settlement.  

The future income stream is generally a fixed, definite payment contract.  It may include lump sums, annual increases, deferral periods, or it may be contingent on the lifespan of the seller.  Typically, the Secondary Market Structured Settlement payments are made regardless of whether or not the existing annuitant or the buyer is alive, meaning these payments are not contingent on any individual’s life.

 

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What is a Structured Settlement?

Structured settlement annuities are a financial instrument that is normally used to provide regular, tax free payments to personal injury victims over a long period of time. Instead of facing unexpected stress and management issues that come with receiving a lump sum of money, the recipient is protected from bad judgment that could result in spending a large portion of the money that he or she needs to manage a lifetime of injury related expenses.

A structured settlement is a financial or insurance arrangement whereby a claimant agrees to resolve a personal injury tort claim by receiving periodic payments on an agreed schedule rather than as a lump sum. Structured settlements were first utilized in Canada after a settlement for children affected by Thalidomide.Structured settlements are widely used in product liability or injury cases (such as the birth defects from Thalidomide). A structured settlement can be implemented to reduce legal and other costs by avoiding trial. Structured settlement cases became more popular in the United States during the 1970s as an alternative to lump sum settlements. The increased popularity was due to several rulings by the IRS, an increase in personal injury awards, and higher interest rates. The IRS rulings changed policies such that if certain requirements were met then claimants could have federal income tax waived. Higher interest rates result in lower present values, hence annuity premiums, for deferred payments versus a lump sum.
Structured settlements have become part of the statutory tort law of several common law countries including Australia, Canada, England and the United States. Structured settlements may include income tax and spendthrift requirements as well as benefits and are considered to be an asset-backed security. Often the periodic payment will be created through the purchase of one or more annuities, which guarantee the future payments. Structured settlement payments are sometimes called periodic payments and when incorporated into a trial judgment is called a “periodic payment judgment."

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Buyer of structured settlement

A structured settlement is a financial or insurance arrangement whereby a claimant agrees to resolve a personal injury tort claim by receiving periodic payments on an agreed schedule rather than as a lump sum. Structured settlements were first utilized in Canada after a settlement for children affected by Thalidomide. Structured settlements are widely used in product liability or injury cases. 

A structured settlement can be implemented to reduce legal and other costs by avoiding trial. Structured settlement cases became more popular in the United States during the 1970s as an alternative to lump sum settlements. The increased popularity was due to several rulings by the IRS, an increase in personal injury awards, and higher interest rates. The IRS rulings changed policies such that if certain requirements were met then claimants could have federal income tax waived. Higher interest rates result in lower present values, hence annuity premiums, for deferred payments versus a lump sum.

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Buy settlement

In law, a settlement is a resolution between disputing parties about a legal case, reached either before or after court action begins. The term "settlement" also has other meanings in the context of law. Structured settlements provide for a periodic payment.

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