Structured Settlement Expert Advisor for Investors

Structured Settlement Expert Advisor for Investors

Allan S. Roth, founder of Wealth Logic, an hourly-based financial-planning firm in Colorado Springs, noted in the Wall Street Journal on November 23, 2012 that he had recently purchased a “structured-settlement” annuity to find “relatively safe higher income and returns”. Mr. Roth further inferred that a number of investors are also seeking to purchase these pre-issued annuities as a form of “safer”  investment planning.  However, Mr. Roth’s experience in the purchase of such a pre-issued and/or factored annuity was less than stellar. Why?

Lack of proper due diligence, and in the blog entitled “Another Can’t-Miss Deal?” Mr. Roth emphasizes that these are complex transactions and the blog focuses on what can go wrong in the purchase of such  a pre-issued annuity. Taken as a whole, the article seems to emphasize that at any investor seeking to purchase such an annuity needs to be careful and engage in proper due diligence. Roth further noted that ” If I was successful in catching all the errors in the documents, I bought an attractive cash flow from a highly rated insurance company yielding 5.625% annually. Yet there is a lingering doubt that I didn’t catch everything”.

Roth  then continues to quote Jason Zweig’s Intelligent Investor column, “Another Can’t-Miss Deal That Can Miss Spectacularly,” which ran on July 23, 2010 in the Wall Street Journal and states: “Zweig was absolutely right when he wrote that these deals are complex and can miss spectacularly.” The lesson is simple; if someone is seeking to spend tens or hundreds of thousands of dollars on a pre-issued annuity as an investment then retaining an independent professional advisor (“IPA”) to underwrite the transaction from the investor’s perspective is critical.

What is an IPA? An IPA is simply either an expert, and/or attorney that is experienced in the purchase, sale, and “factoring” of a pre-issued annuity. Further a qualified IPA will make sure that all legal and statutory compliance issues are met, plus independently corroborate and verify that all documents provided by the factoring company and/or broker are not only accurate, but also in full compliance with all internal insurance company administrative polices required to secure the transfer of payment rights to the investor.

Eugene A. Ahtirski, Esq. is a nationally Recognized Expert and Independent Professional Advisor in all areas of Secondary Market Transfers of Future Payment Streams. Having personally participated in over 10,000 transfers of structured settlement annuities over the past decade, Mr. Ahtirski is one of most experienced and sought after advisors in the structured settlement annuity factoring industry.

 

To locate a qualified IPA;  you could google search structured settlement IPA or Independent professional advisors. Also contacting your local state bar association to get a lawyer referral.

Eugene A. Ahtirski, Esq. is a nationally Recognized Expert and Independent Professional Advisor in all areas of Secondary Market Transfers of Future Payment Streams. Having personally participated in over 10,000 transfers of structured settlement annuities over the past decade, Mr. Ahtirski is one of most experienced and sought after advisors in the structured settlement annuity factoring industry.

 

 

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