Our mission at We Pay More Funding is to bring together a team of financial experts who are dedicated to getting the best results possible for our clients. We are committed to getting you the funds that you need exactly when you need it at We Pay More Funding. Our team of experts will help you with:
1. To get the largest lump sum of cash for your structured settlement
2. Get you the most cash for a portion or all of your annuity payments
3. Lottery winning payouts for cash
What is a structured settlement?
A structured settlement could be one of the possible outcomes of a lawsuit that arises from a number of different situations. Personal injury, wrongful death, and medical malpractice could all be the reason for a structured settlement lawsuit. For insurance companies. A structured settlement is a way of paying out an award slowly over time instead of all at once. This is only to happen upon the completion of the lawsuit.
This process of acquiring a structured settlement can become tedious and complicated, however, put simply it can be followed as such. In a court case, there will be the plaintiff and the defendant. The defendant is to owe the plaintiff a said amount of money. This is resolved on account that both parties decide on the settlement cash being paid over an interval of time instead of paying an immediate lump sum.
The decisions made are upon the agreement of both parties involved, however, the plaintiff’s needs are prioritized over that of the defendant. The negotiations need to be mediated by a professional. This is where we come in and offer our professional consultancy services.
After the decisions have been finalized the hired mediator will buy an annuity from a life insurance company. An investment of this kind is not vulnerable to market changes, recessions or similar risk factors.
Therefore the plaintiff can rest assured that the money paid out to them will be paid uninterruptedly.
Lump sum for structured settlement
When you are on the receiving end of a structured settlement or your settlement is owed to you by an insurance company then they look at a few different factors when assigning the payment stream. The size of the payouts will all depend on the following:
Current financial situation
Possible future costs
During the process of finalizing the settlement, you have to decide on how you want to receive your money. Would you like it straight up? Would you want it to be paid out via periodic payments? The choice is yours.
Opting for the periodic payments would mean that you receive your payments over a set period of time. However, opting for the lump sum would mean that you receive your money immediately.
Lump Sum Payment For Structured Settlement
Consider this when opting for lump sum payment
Taxes influence many individuals decision on whether to choose a lump-sum payout or periodic payments. The advantage of a lump sum is the certainty that the money paid will be subjected to current federal and state taxes as they exist at the time the money is paid.