sell my structured settlement

Have you ever heard of someone being awarded a large amount of money (from a lawsuit, lottery, etc) and wondered if they receive it all at once? Chances are … they usually don’t. Most of the time, the payment is broken up into smaller payments over a fixed duration of time. So for example, instead of receiving $500,000 all at once from a lawsuit, the plaintiff may receive $2,000 each month for the next 30 years. Putting it all together, this type of payment is called a structured settlement. Investopedia defines a structured settlement as: While we often focus on building wealth for the long-term, it’s important to look at things from both sides of the fence. Therefore, I recognize that there may be some situations where … [Read more...] about Should I Sell My Structured Settlement? Some Reasons Why You May Want To