Our Two Steps: Our Company Buys Life Contingent Structured Payments
There may be some confusion regarding what a life contingent structured settlement payment is. We frequently here from people that say my payments are not contingent, the “structured payments are guaranteed for life”. Putting aside the details and terminology, both people are saying the same things: ”structured settlement payments guaranteed for life” and “life contingent structured settlement payments” are one in the same. In short, these are structured settlement payments that ARE GUARANTEED to be paid by the annuity issuer BUT that guarantee only last as long as the measuring life is alive.
The two steps, on a really high level, to consider when selling your life contingent structured settlement payments are the following:
1. Do you need cash more today than the security of having the life contingent structured settlement payments come to you in the future. Keep in mind that life contingent structured settlement payments, are frequently, but not always, due some time in the future- maybe even when you are at or nearing retirement. Having this passive, secure income during this period could be a very good thing. If you have already reached the decision that selling life contingent structured settlement payments will be a good thing then move on to step two.
2. Getting Cash from a Company that Buys Life Contingent Structured Settlement Payments. You want to work with experienced life contingent payment buyers. Its something that could, but not definitely, generate you more cash. Equally as important is that the process will be easier and smoother when it comes to accessing a lump sum. If you work with an inexperienced life contingent structured settlement buyer the process may take much longer and ultimately put you in a position where you wasted a lot of time.
We know life contingent structured settlements. We buy them regularly and have experience to get you immediate quotes.
Call Us With Whatever Information You Have and We Will Provide You with a Quote
The measuring life, generally speaking is the person that is entitled to the structured settlement payments. This from time to time, on a rare occasion, is not the case. Sometimes the measuring life of the life contingent structured settlement payments may be another person. At TMT, we can help you figure this out and explain in greater detail. Like all our offers, assisting in evaluating who the measuring life of life contingent structured settlement payments is a free service that we are happy to help you out with in an effort to establish a relationship of trust and expose you to our expertise.