Block 11.3 Article 2.3 Transfers of Structured Settlement Payment Rights

Block 11.3 Article 2.3 Transfers of Structured Settlement Payment Rights 10136(c)(11) Justice Continues to Prevail for Consumers; Court Jurisdiction   In an effort to protect the consumer, California legislators once again Continue reading Block 11.3 Article 2.3 Transfers of Structured Settlement Payment Rights

Structured Settlement Expert Directory

When looking for a structured settlement expert online, it is easy to get over whelmed by all the different structured settlement expert directories. You can look on the state bar website, Continue reading Structured Settlement Expert Directory

Annuity Issuer and Structured Settlement Obligor

. Block 17.4 Article 2.3 Transfers of Structured Settlement Payment Rights   Annuity Issuer and Structured Settlement Obligor Not Required to Divide Payments   10139.3(e) states, “Neither the annuity issuer nor the structured settlement obligor may be required to divide any structured settlement payment between the payee and any transferee or assignee or between two or more transferees or assignees.”   Who then divides the money?  Does the structured settlement obligor or the annuity issuer ever divide the money?  Did something bad happen in the past that they can’t divide the money?  Do they have motive?  What is this law […]

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Maryland Independent Professional Advice

Maryland Residents:  You must have independent professional advice  Maryland Independent Professional Advice If you are a Maryland resident and you are interested in selling your structured settlement payment rights, you must obtain independent professional advice.  Below we cite how Maryland defines independent professional advice, and then we cite the code that REQUIRES you to have independent professional advice.   5-1101(c) Independent professional advice.–“Independent professional advice means advice of an attorney, certified public accountant, actuary, or other licensed professional adviser: (1) Who is engaged by a payee to render advice concerning the legal, tax, and financial implications of a transfer structured […]

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