IF YOU ARE A SELLING A STRUCTURED SETTLEMENT – YOU NEED TO READ THIS!

IF YOU ARE A SELLING A STRUCTURED SETTLEMENT – YOU NEED TO READ THIS! Regardless of how simple the TV commercials and web-ads make it sound, any sale of a structured settlement requires Court Approval! What this means is that if you are thinking of a s… Continue reading IF YOU ARE A SELLING A STRUCTURED SETTLEMENT – YOU NEED TO READ THIS!

The Maryland Structured Settlement Protection Act

The Maryland Structured Settlement Protection Statute MARYLAND CODE COURTS AND JUDICIAL PROCEEDINGS Current through 2001 § 5-1101.(a) In this subtitle the following words have the meanings indicated. (b) “Discounted present value” means the fair present value of future payments, as determined by discounting payments to the present using the most recently published applicable federal rate for determining the present value of an annuity, as issued by the United States Internal Revenue Service. (c) “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 […]

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California Insurance Code Fights for Justice with Independent Professional Advisers!

Block 11.2 Article 2.3 Transfers of Structured Settlement Payment Rights 10136(c)(10) California Insurance Code Fights for Justice with Independent Professional Advisers!   Justice is leveraged as California legislators mandate transfer companies Continue reading California Insurance Code Fights for Justice with Independent Professional Advisers!

Selling Your Structured Settlement in California

How a Lawyer is Critical to the Process of Considering Selling Your Structured Settlement in California Before 2010, if a defendant was court ordered to buy an annuity in court to Continue reading Selling Your Structured Settlement in California

Millions of Structured Settlements Every Year

Millions of Structured Settlements Every Year   In 2013 there were 4,628 fatal work injuries nation wide, according to results from the Census of Fatal Occupational Injuries (CFOI) conducted by the Continue reading Millions of Structured Settlements Every Year

The New Mexico Structured Settlement Protection Act

The New Mexico Structured Settlement Protection Statute N. M. S. A. 1978, § 39-1A-2 § 39-1A-1. Short title This act may be cited as the “Structured Settlement Protection Act”. § 39-1A-2. Definitions As used in the Structured Settlement Protection Act: A. “annuity issuer” means an insurer that has issued a contract to fund periodic payments under a structured settlement; B. “court” means: (1) the court of original jurisdiction that authorized or approved a structured settlement; or (2) if the court that authorized or approved the structured settlement no longer has jurisdiction to approve a transfer of payment rights under the […]

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PART I of IV of §10135. “Transfers governed by article; Requirements

PART I of IV of §10135.  “Transfers governed by article; Requirements There are three (3) types of transfers governed by Article 2.3, §10135 and there are two (2) requirements in this Continue reading PART I of IV of §10135. “Transfers governed by article; Requirements

Transfers of Structured Settlement Payment

Transfers of Structured Settlement Payment Rights   Compliance to Contract Writing is the Responsibility of the Transfer Company   The California Insurance Code puts the onus on the transfer company to get all of the contracts right.  The Insurance Cod… Continue reading Transfers of Structured Settlement Payment

Merry Christmas

​Christmas or Christmas Day (Old English: Crīstesmæsse, meaning “Christ’s Mass”) is an annual festival commemorating the birth of Jesus Christ,[7][8] observed most commonly on December 25[4][9][10] as a religious and cultural celebration among billions of people around the world.[2][11][12] A feast central to the Christian liturgical year, it is prepared for by the season ofAdvent or the Nativity Fast&nb […] Continue reading Merry Christmas

THE WORLD ECONOMY AND SELLING A STRUCTURED SETTLEMENT

Selling a structured settlement in an economy that is crippled, could be more difficult. Selling your future payments or portions of your payments in a thriving economy could mean thousands of Continue reading THE WORLD ECONOMY AND SELLING A STRUCTURED SETTLEMENT