by: Amit Laufer
A Structured Settlement is an agreement between a personal injury victim ( a Plaintiff ) and an Insurance company ( the Defendant ) to compensate the Plaintiff by the defendant with long term periodic payments instead of a single cash lump sum.
Payments can be tailored to each individual plaintiffs needs, to help meet expenses such as on-going medical and living expenses, education, children needs & support etc? The fixed annuity payments are tax-free to the claimant, a cost-of-living adjustment (COLA) feature is available, that can help offset the effects of inflation over time, payments can continue as long as the claimant lives thus providing him the maximum benefits.
Structured settlements are encouraged by plaintiffs lawyers, Courts, Insurance companies and the legislators alike as they all agree it is the best solution to all parties involved especially for the claimant.
The annuity can be transformed in part or in full to a cash lump sum via private funds and should be approved by the Court. The funds are most interested to make these deals as they are very profitable to them because they take the long term tax free payments and in exchange pay the annuity holder less than the face value but in cash.
These same funds are handling Lottery winners long term payments into one single lump sum as well as all kinds services of cash against future payments.
(c) Copyrights 2005 - http://annuity-structured-settlements.blogspot.com/
About The Author
Amit Laufer
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Using Equity to Finance Home Repairs
Using Equity to Finance Home Repairs
by: John Mussi
A home equity loan allows you as a homeowner to get a loan by using the equity in your home as your collateral. The equity here consists of whatever funds you have invested in your property in order to own it or improve it. Since it is a debt against your own property, which you are in actual possession of, a home equity loan is a secured debt. The property can be required to be sold if you are unable to pay the money back that you have borrowed.
Home-equity loans typically have fixed rates and give you five to 15 years to repay. Home-equity lines of credit usually have variable rates and a 10-year period during which you make only interest payments, followed by a 10- or 15-year period during which you must pay off the debt.
Why Should I Consider a Home Equity Loan to Pay for Repairs?
Repairs and maintenance are part of the routine costs of owning a home. Such expenses ideally...
Using Equity to Finance Home Repairs
Tax help > Using Equity to Finance Home Repairs
Do You Need Life Insurance
Do You Need Life Insurance
by: Joseph Kenny
It can be very difficult to decide if you need life insurance. Life insurance can be an extremely onerous financial commitment and investment, and it will also last for a considerable period of time, so you should take careful consideration in deciding if it is the best way of achieving the financial and other goals you and your loved ones may have.
Life Insurance Policy
Basically, a life insurance policy will cause a sum to be paid to the named beneficiary upon the death of the insured. This sum will generally be paid to the beneficiary, free of income tax. So in which instances is life insurance generally used above its alternatives? Well its primary function is to provide death benefit protection in a tax efficient way. For example, if you would like to transfer wealth from your estate to your beneficiaries you can do it through life insurance.
You should now that it may still be liable...
Do You Need Life Insurance
Tax help > Do You Need Life Insurance
An Overview On The Financial Capacity Of Social Security
An Overview On The Financial Capacity Of Social Security
by: Jinky C. Mesias
There have been so many reports confirming the distressing state of the finances of Social Security and so many members by now are wondering if they can really get the benefits that are due to them when their time to claim for such benefits arises.
In spite of the financial crisis that the Social Security is facing today, the Social Security Administration is confident that it can pay all benefits that are due to their members. They assured further that there would be no cuts on the benefits to be received by the current retirees but rather there would be a yearly increase on the benefits due to cope with inflation.
There are also so many reforms planned to be implemented in Social Security including those set forth by the President?s Commission that would further strengthen Social Security. The reforms are also set to ensure that scheduled benefits, including...
An Overview On The Financial Capacity Of Social Security
Tax help > An Overview On The Financial Capacity Of Social Security
Government Grants - What are they and how to get them ?
Government Grants - What are they and how to get them ?
by: Mike Freemen
None of these Government Grants require a credit check, collateral, security deposits or co-signers, you can apply even if you have a bankruptcy or bad credit, it doesn't matter. Its Free Money Never Repay!
The Federal Government is Giving out over 155.5 billion dollars in Business Grants!
Receive Government Small Business Grants for virtually any type of business. Whether it is to start a business or expand your existing business there is money for waiting just for you. The Federal government provides this money to help existing small business owners and those who want to start their own business change their lives and achieve financial independence.
The United States Government wants your Small Business to succeed and you will be amazed at the lengths they will go to help ensure your success. At Grant Seeker Pro? we have designed a State of the art software...
Government Grants - What are they and how to get them ?
Tax help > Government Grants - What are they and how to get them ?
Helpful Tax Tips For Federal And State Tax Returns
Helpful Tax Tips For Federal And State Tax Returns
by: Gray Rollins
Each year there are millions of Americans who prepare their own federal and state tax returns and even more individuals have their taxes professionally prepared. Whatever choice a taxpayer makes there are a number of important tax tips that everyone should know.
A W-2 or 1099MISC is needed to accurately prepare a federal or state income tax return. There is always a chance that a taxpayer may misplace these forms or for one reason or another the forms may not have reached them. For federal tax returns and most state tax returns a W-2 or a 1099MISC is required. Individuals who do not attach these items are likely to prevent their tax returns from being processed or cause a refund delay. The Internal Revenue Service (IRS) states that all taxpayer should receive their W-2 or 1099MISC forms before February 15th. Individuals who did not receive these items are encourage to contact...
Helpful Tax Tips For Federal And State Tax Returns
Tax help > Helpful Tax Tips For Federal And State Tax Returns
Know How To Take Your Lumps
Know How To Take Your Lumps
by: Ken Morris
If you are about to retire or change jobs, or if your employer is terminating the company retirement plan, you may be eligible to receive a "lump sum distribution" as defined in the Internal Revenue Code.
Such a distribution may be substantial and may represent the cornerstone of your retirement security.
So it is important to consider your options carefully before making a decision regarding distributions.
Basically, you are faced with two main options.
Should you take a direct distribution and pay your taxes now?
Or should you roll your distribution over into a traditional Individual Retirement Account (IRA)?
If you decide not to roll the distribution over into a traditional IRA, you must pay tax on the distribution in the year you receive it. You will, of course, be able to invest the remainder as you please.
The main benefit of paying taxes on your...
Tax help > Know How To Take Your Lumps
Ford Your Way with Quality Ford Auto Parts
Ford Your Way with Quality Ford Auto Parts
by: Chuck Smith
The Ford Motor Company has been one of the leading manufacturers of vehicles up until the current time. At present, it is the producer and creator of many brands of automobiles and vehicles, and among its list is Ford.
Ford offers its clients and the world?s varying lifestyles reliable and affordable vehicles. It has made its way in the marking of milestones, and one of these is the Model T that...
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Tax help > Ford Your Way with Quality Ford Auto Parts
Benefits Of Getting Universal Life Insurance Quotes
Benefits Of Getting Universal Life Insurance Quotes
by: Paolo Basauri
What is Universal Life Insurance?
?Universal? is the term used for life insurance that offers built in flexibility to change your premiums and the amount of life insurance you carry throughout the life of the policy. A universal life insurance policy will accumulate value as the premiums are placed in an interest building account. If your situation changes, and you decide you need more...
Tax help What is a Structured Settlement insurance quotes
Tax help > Benefits Of Getting Universal Life Insurance Quotes
Tax help What is a Structured Settlement sample resume
Artificial Flowers and Artificial Plants Have Their Advantages
Artificial Flowers and Artificial Plants Have Their Advantages
by: Muzrak Maksidov
While few things are as lovely and fragrant as real flowers and plants,
artificial flowers and artificial plants do have their advantages in
some situations. If you are planning an event, or need to send a
remembrance, sometimes artificial flowers and artificial plants make the best
sense.
When many people think about artificial flowers and artificial...
Tax help What is a Structured Settlement
Tax help > Artificial Flowers and Artificial Plants Have Their Advantages
Using The ?Autograph? To Get Cheap Motor Insurance
Using The ?Autograph? To Get Cheap Motor Insurance
by: Joseph Kenny
What if your motor insurance provider told you that you could get up to 25 percent discounted from your next car insurance policy simply by showing them that you were a safe driver? It would sound obvious won?t it - after all, basically, isn?t that what a no claims bonus is all about? Well, you can guess again, because with the new ?autograph? device getting up to 25 percent discounted on your...
Tax help
Tax help > Using The ?Autograph? To Get Cheap Motor Insurance