Structured
Court Settlement
A
structured court settlement (sometimes
called an
annuity) is an income stream
paid
by an insurance
company to an individual. Reasons for a structured
settlement include:
a personal
injury lawsuit
a medical malpractice
suit
a wrongful death, OR
any other type of
liability settlement
When
someone is involved in a personal injury
lawsuit,
they are sometimes offered a large amount to settle the
case. This amount is usually paid out over time by an
insurance company. The annuitant / beneficiary receives
the money in either
monthly or annual payments.
Beneficial Brokers, with the financial assistance from Charter
Financial, can provide a
lump sum
of
cash
for these
future payments.
***For a complete listing of the required documentation,
please click here.
If your annuity is
the result of
an "ON THE JOB" injury, then
Beneficial Brokers & Charter Financial can NOT
offer a pur-
chase price. The reason is because
state
laws
prohibit a 3rd
party from purchasing a
workers' compensation
annuity / settlement.
Other annuities that are NOT
purchased include:
Social Security
payments
IRAs (Individual
Retirement Account)
Alimony
payments
Disability payments
Judgments
Other retirement plans
Settlements considered
by Charter Financial must be paid
by a reputable
insurance company.
Doug Iles
The Beneficial Broker
c/o Beneficial Brokers, LLC
http://www.creativehomesellerstrategies.com
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26
Gibson Avenue
Mansfield, OH 44907-1316
Business email: askyourquestion@creativehomesellerstrategies.com
Home email: diles1@neo.rr.com
Other email: douglas.iles@huntington.com
TOLL-FREE business phone: 1-877-972-3847 or
1-877-97ADVISE
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TOLL-FREE business fax: 1-877-972-3847
Home phone @ 419-775-5349
Cell phone @ 419-545-4446