Structured Settlement Attorney for the Primary Market 2

it is the primary market in which your structured settlement was issued to you.  at a time when the court system is already over burdened, there is no time and there has not been any time to go back and re-write the rules that govern structured settlements in the primary market to benefit you.  Unfortunately, it is not all about you in the eyes of the court.  To the Law Offices of Eugene Ahtirski, it is all about you. the rules that for structured settlements are rigid with no flexibility.  your life changes, but the rules do not.  it is […]

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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 obli… Continue reading Annuity Issuer and Structured Settlement Obligor

Transfers of Structured Settlement Payment Rights

Article 2.3 Transfers of Structured Settlement Payment Rights   10136(c) The Beginning of a Thirteen (13) Step Subdivision:  10136(c)1-13!    (c) The transfer agreement shall be written in at least 12-point type Continue reading Transfers of Structured Settlement Payment Rights

Structured Settlement Disclosure Statement

What California Doesn’t Regulate in the Structured Settlement Disclosure Statement But Your Independent Professional Adviser Can  The price.  California legislature oversees the entire disclosure statement:  the format, the size of the Continue reading Structured Settlement Disclosure Statement

The New York Structured Settlement Protection Act

The New York Structured Settlement Protection Statute McKinney’s General Obligations Law § 5-1701 § 5-1701. Definitions For purposes of this title: (a) “annuity issuer” means an insurer that has issued an insurance contract used to fund periodic payments under a structured settlement; (b) “dependents” include a payee’s spouse and minor children and all other persons for whom the payee is legally obligated to provide support, including alimony or maintenance; (c) “discounted present value” means the present value of future payments, as determined by discounting such payments to the present using the most recently published applicable federal rate for determining the […]

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Selling Structured Settlements

WHAT EVERY PERSON WISHING TO SELL A STRUCTURED SETTLEMENT FOR CASH SHOULD KNOW Selling Structured Settlements Both as a result of the recession, and changing financial needs, many individuals with structured settlement payment annuities have decided to sell and/or convert their structured settlement payments into a single lump sum cash payment. For many people it is also a very smart decision to enter into such a transaction should the financial need to do so arise. At the same time, though, the decision of “who” to sell to, and what the process of selling structured settlement payment annuities actually entails is both a […]

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Buyer’s first right of refusal

By AFG Newswire Sept. 14, 2014 11:00 a.m.   What is Meant by “Buyer’s first right of refusal” in Structured Settlement Transfers   This is a clause written in the insurance code around 1999 under “urgency legislation” by Congress in an effort to protect the consumer.  Be grateful it is in the code, it protects you, and gives you the freedom to do business with whomever you want.   Before 1999, and for about 20 years, when a person would enter into contract with a Company, for example, Company “A” to sell part of their structured settlement, Company “A” would […]

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

PART III of  IV §10135.  “Transfers governed by article; Requirements 10135 third subsection (c) the third of three (3) types of transfers allowed under structured settlement law is : Third type Continue reading PART III of IV §10135. “Transfers governed by article; Requirements

Arkansas Structured Settlement Protection Statute

The Arkansas Structured Settlement Protection Statute House Bill No. 2614 AN ACT concerning structured settlement protection; and for other purposes. Effective 8/13/05 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: SECTION 1. Arkansas Code Title 23, Chapter 81, is amended to add an additional subchapter to read as follows: 23-81-701. Title. This subchapter shall be known and may be cited as the “Structured Settlement Protection Act”. 23-81-702. Definitions. As used in this subchapter: (1) “Annuity issuer” means an insurer that has issued a contract to fund periodic payments under a structured settlement; (2) “Dependents” includes a […]

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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